Independent non-executive director not liable for acts of company when not involved in daily business: Bombay High Court

Two separate orders were passed by the High Court setting aside orders against the applicants, who as directors, were not involved in the day to day affairs of the company.
Bombay High Court
Bombay High Court

Independent, non-executive directors cannot be held liable for acts of the company if they are not involved in the daily affairs of the company, the Bombay High Court recently held in two separate decisions.

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