Immunity from board of directors

This query is : Resolved 

23 February 2014 can a CFO get aimmunity by resolution from Board for any non compliances

23 February 2014 highly improbable sir. atleast not the immunity against criminal liabilities.

28 February 2014 No it cannot happen as the CFO's responsibility is fixed under the Act and any Board Resolution cannot over-ride a provision of law.




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