Directors, etc., with unlimited liability in limited company.

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....imited. (2) In a limited company in which the liability of a director, [2][* * *] or manager is unlimited, the directors, [3][* * *] and the manager of the company, and the member who proposes a person for appointment to the office of director, [4][* * *] or manager, shall add to that proposal a statement that the liability of the person holding that office will be unlimited; and before the perso....

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....ted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. as provisions relating to "managing agents, secretaries and treasures" had become redundant after abolition of system by Act 17 of 1969. [2] Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. as provisions relating to "managing agents, secretaries and treasures" had become redundant after abolition of system by Act 17 ....