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By Siddharth Raja
Each Director has a fiduciary duty towards the company.
By Siddharth Raja
A Managing Director is a Director who has substantial powers of management of the affairs of the company subject to the superintendence, control and direction of the Board in question.
Directors can be held liable both jointly and collectively, for any and every act, commission or omission which is prejudicial to the interests of the company and violates any of the duties to be discharged by them.
By Siddharth Raja
Appointment of a Director is not only a crucial administrative requirement, but is also a procedural requirement that has to be fulfilled by every company.
By Siddharth Raja, Neela Badami, Sindhushri Badarinath
This Article first discusses both the constitutional and regulatory frameworks governing the education sector in India.