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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
When does the Managing director not be compensated?
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Answer

Managing Director can pay the compensation for losing the lump but if the company goes into liquidation, the resignation of the Managing Director, betrayal, negligence, if he participates in a direct and indirect way to end his position, such compensation is not paid.

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