TMI BlogLiability of Independent Director who was retired before the date of offence - the petitioner as seen...Liability of Independent Director who was retired before the date of offence - the petitioner as seen from the documents was an Additional Director on the date the board report was filed. To counter the same evidence is required to be adduced during trial so also to decide as to whether the petitioner at the relevant time of filing the report was a Director, Additional Director or an Independent Director. The responsibility of an Additional Director being the same as that of a director (but diff..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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