Categories: Other Courts

Liability of a non-executive director: Neither behind the wheel nor the veil

Non-Executive Directors may often find themselves implicated in various offences, there exist enough safeguards in their favour, such as the protection under Section 149(12) of the Act, so long as they can prove or satisfy the courts/
authorities of their lack of knowledge, consent, connivance, neglect, and that they exercised due diligence.

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