Additional Directors equally responsible for Company Affairs as Regular Directors: Calcutta HC [Read Order]

By Kalyani B. Nair - On January 24, 2023 8:10 pm - 2 mins read
Additional - Directors - equally - Company - Affairs - Calcutta - HC - TAXSCAN

In a very recent decision the Calcutta High Court observed that additional directors of a company appointed under Section 161 (1) of the Companies Act, 2013 are equally liable for the company’s affairs, just as regular directors of the company. The petitioner in the present case is Surendra Kumar Singhi. The company’s directors had been accused of…

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