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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
Explain civil liabilities of a director.
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Answer

When the directors misuse their powers or act beyond their authority or do not implement their duties properly, they are held personally liable towards the third parties or towards the company.

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