Additional Directors equally responsible for company affairs as Regular Directors: Calcutta High Court

Additional directors are "on equal footing, in terms of, of power, rights, duties, and responsibilities, as other directors are", the Court said.
Calcutta High Court
Calcutta High Court

The Calcutta High Court recently observed that additional directors of a company appointed under Section 161 (1) of the Companies Act, 2013 are equally liable for the company’s affairs, just as regular directors of the company [Surendra Kumar Singhi v. Registrar of Companies, West Bengal & Anr.].

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