Dear Members, I wanna know that if fraud is done by any one member of the company than in this case are, are all the directors including foreign directors responsible for the fraud or only the director who conducts the fraud is only liable. Is there any provision regarding this in the New Company Law 2013. Your suggestions will be highly oblidged. Thanks, Aman Jaiswal
Menu
Directors reponsibilty
Replies (1)
Such director can try to get protection u/s 149(12).
Recent Topics :
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
Related Topics :
CAclubindia
