All the Directors Are Equally Responsible for the Act Done on Behalf of the Company Even Though the Director Has Nothing to Do With the Transaction: Allahabad HC

The Allahabad High Court on Wednesday stated that all the directors are equally responsible for the act done on behalf of the company even though the director has nothing to do with the transaction. The bench of Justice Prashant Kumar was dealing with the application filed for quashing the summoning order passed by the Additional

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