Short Note on 'DIRECTORS' SYBCOM SEM 4 Mumbai University.
DIRECTORS Introduction : A company is a person independent of its members. Company can do business in its own name, hold property in its own name, can take legal actions in its own name. However, a company is not a natural person. Thus, business of a company can be conducted only through human agency. Directors are the people who conducts the business of the company. *Sec 2[34] defines a director as ' Director appointed by Board of a company.' *Sec 2[10] defines Board of Directors as 'The collective...