Directors and Officers PDF Print E-mail
Written by Administrator   
Sunday, 22 March 2009 08:21
Directors and OfficersA Director or an Officer can be held personally responsible for alleged breach of duty, negligence etc., arising out of discharge of their official duties. This type of liability falls upon the concerned director or officer as a personal liability and not as a more general corporate liability.   Unless adequately covered, an individual prone to this exposure can stand to lose his personal assets.
 

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