DUTIES OF A DIRECTOR

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28 July 2010 WHAT ARE THE STATUTORY DUTIES OF A DIRECTOR?

CA Sanat Pyne

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28 July 2010 statutory duties of a director are as follows:
a)to file return of allotment
b)to disclose interest
c) to disclose receipts from transfer of property
d)to disclose receipts from compensation from transferee of shares
e) duty to attend the meeting
f) duty to convene the general meeting
g) duty to prepare the A/C
h) duty to make declaration of solvency.