DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
Explain Director's civil liability towards the company.
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Answer
The civil liability is to compensate the parties for financial losses to the parties. (1) The civil liability towards the company: - When the administrators are responsible for the upkeep of the application, the company is liable for such acts.
In the accounts of the company, deliberately manipulate.
Even though the company has not made profit, the divider will do the public.
Directors use the company's assets for themselves or use the money to distort them.
Directors deals dishonestly, buys the property in his own name and then sells the company to a profit.
If the director is irregular or continuously absent in the meeting, then the company will be harmed.
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