Please can any expert in tthis field answer this question....Please give the answer so as to write it for 4-5 marks
ABC Ltd. committed a default by failing to file Balance Sheet and profit & Loss A/c. Proceedings have been initiated against a non-executive director. However, he contended that he has resigned before the date of default. Whether the contention of the ex-director be taken into account?
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CAclubindia
