If a person want to become director with the following restriction 1) No shares in the company 2) No liability of the company 3) If in future, the company is liabile to pay to banks or any government institutions, the director is not responsible to make any such payment
13 February 2013
The director is not the officer of the co. he want to become to director of the company for the name sake only with no liability of the company in case of default made by the co.
CAclubindia
