The directors may be held _______ liable on their failure to fulfill the formalities imposed upon them by the Act.

Related MCQs

• __________ can be imposed on directors for non compliance of requirements of companies Act.
• The quorum for a meeting of the board of directors shall be ________ of its total strength or 2 directors, whichever is higher.
• A meeting of Board of directors shall be held at least ____________
• Where a director acts dishonestly to the interest of the company. He will be held liable for ________
• The Board of Directors delegate the power to ____
• According to Sec. 225, the Directors should be appointed in the ________-
• The managing directors hold the _______ shares of the company.
• Directors are _________ of the Powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.
• _________ member of directors need to retire every year
• Minimum number of directors in public company is ______