Legal Question in Business Law in
Can a director's personal property be made liable if he cannot achieve a certain pre-determined profit?
Asked on 9/24/10, 2:10 am
1 Answer from Attorneys
Mahendra Bhavsar
Mahendra Bhavsar & Co.
IT has no relation with getting profit or not. If the director has given personal guarantee than he is liable,otherwise not.
Answered on 9/24/10, 2:25 am
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