Dear Members,
In a listed company the entire Board of Directors has resigned. What are the consequences arising out of such resignation? Who all will be held liable? Please help
Thanks & Regards
Amit Mishra
Sibal & Co.
New Delhi
AMIT MISHRA (Legal Professional) (393 Points)
07 April 2014Dear Members,
In a listed company the entire Board of Directors has resigned. What are the consequences arising out of such resignation? Who all will be held liable? Please help
Thanks & Regards
Amit Mishra
Sibal & Co.
New Delhi
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 12 April 2014
Pl refer Sec.168(3) of Companies Act 2013.