Ordinary Directors Not Liable as Officers in Default When Company Has Managing or Whole-Time Director, Court Rules.

Ordinary Directors Not Liable as Officers in Default When Company Has Managing or Whole-Time Director, Court Rules. https://www.taxtmi.com/highlights?id=11454 Officer in default – whether when the company had a managing director, whole-time director and manager there cannot be any prosecution against the petitioner who was an ordinary director - held yes - HC en-us Thu, 25 Apr 2013 15:40:37 +0530 Thu, 25 Apr 2013 15:40:37 +0530 TaxTMI RSS Generator Ordinary Directors Not Liable as Officers in Default When Company Has Managing or Whole-Time Director, Court Rules. https://www.taxtmi.com/highlights?id=11454 Officer in default – whether when the company had a managing director, whole-time director and manager there cannot be any prosecution against the petitioner who was an ordinary director - held yes - HC Highlights Companies Law Thu, 25 Apr 2013 15:40:37 +0530 https://www.taxtmi.com/highlights?id=11454