Monday, September 28, 2020

Retired Director of a Company is not responsible for conduct of day-to-day affairs of Company: Delhi HC [Read Judgment]

The Delhi High Court said that a person who has retired as the director of the company can not be held liable for the day to day acts of company and cheques issued and dishonoured post-retirement. The petitioner, Alibaba Nababarsha used to be the director of the respondent company. The small-farmer agribusiness consortium initiated proceedings […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2S75iLK

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