Director liability in India arises when a company director breaches statutory duties, participates in default, fails to exercise due diligence, authorises unlawful transactions, makes false statements, commits fraud, or is treated as an “officer who is in default” under the Companies Act, 2013. However, a director is not automatically criminally liable merely because he holds...
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Legal Risk Mitigation for Directors in India: Why Boardroom Compliance Is Now a Strategic Necessity There was a time when corporate compliance was treated as a secretarial function. Forms were filed, board meetings were recorded, registers were maintained, and directors assumed that their legal responsibility ended with signatures on minutes and resolutions. That time is...
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