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Liability of directors

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Full Text of the Document

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....a resolution, or approve by any other means, anything done in contravention of the provisions of this Act or any other law for the time being in force or articles, they shall be jointly and severally ....

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Full Text of the Document

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....ucer Company incurred a loss or damage as a result of the contravention specified in sub-section (1), an amount equal to that loss or damage. (3) The liability imposed under this section shall be i....