DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.2 Marks
Question
What are the responsibilities of the directors?
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Answer
Directors have two types of liability, which are as follows:
(1) Civil liability (2) Criminal liability
A. Civil liability towards Company
B. Liabilities towards a third party.
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