https://www.taxtmi.com/acts?id=17464 Directors must act in accordance with the company's articles, in good faith to promote the company's objects and interests, exercising due and reasonable care, skill and diligence with independent judgment. They must avoid actual or potential conflicts of interest, refrain from obtaining undue gain for themselves or close associates (with disgorgement to the company), may not assign their office (such assignments are void), and face prescribed monetary penalties for breaches. en-us Sat, 02 Mar 2013 12:44:02 +0530 Tue, 09 Dec 2025 13:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17464 Directors must act in accordance with the company's articles, in good faith to promote the company's objects and interests, exercising due and reasonable care, skill and diligence with independent judgment. They must avoid actual or potential conflicts of interest, refrain from obtaining undue gain for themselves or close associates (with disgorgement to the company), may not assign their office (such assignments are void), and face prescribed monetary penalties for breaches. Act-Rules Companies Law Sat, 02 Mar 2013 12:44:02 +0530 https://www.taxtmi.com/acts?id=17464