Liability of a director in Pvt Ltd Company

Hi,

I am an NRI investing in a Pvt Ltd company and I am new to corporate law.

I am exploring the possibility of joining as a director. I would like to know the liability for a director of a Pvt Ltd Company.

What other options are available for an investor in a Pvt Ltd Company?

Can somebody suggest intro books on Corporate Governance and Law?

Thanks a bunch. 

Replies (3)

Dear Friend

AS per corporate law and other related laws

A diretor is liable for penalities and in some cases also liable for penalties also its depend upon conflicts and other mistakes

so its better to take consultancy on regular basis from your PCS (Practising Company Secretary)

 

Thanks

Nitin Grover (Becoming Company Secretary)

+91-9015182024

+91-9868978044

Is the liability limited to working capital of the company?

Dear Friend

Working Capital is a different thing to measure the Liabilities and responsibilities

Thanks

Nitin Grover (Becoming Company Secretary)

+91-9015182024

+91-9868978044

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Follow