Duties and Liabilities of Directors

Duties and Liabilities of Directors offers a comprehensive and contextually enriched exploration of corporate directorship in India, with comparative insights from UK, South Africa, New Zealand, Australia and USA. Structured across seven chapters, it traverses the foundational duties of directors, the evolving role of independent directors, and explains the proactive role expected to be played by them primarily meant for upholding values of corporate governance in all situations.

The book dwells deeply on the collective responsibilities of boards in an era of heightened accountability. A dedicated chapter examines civil and regulatory liabilities with precision, distils practical lessons for directors navigating complex governance landscapes, and clarifies appointment and cessation norms. It explains the scope of applicability of business judgment rule and further provides guidance on the extent of statutory and regulatory protection afforded to independent and certain other non-executive directors.

Key Features:

• Offers an extensive explanation of the subject of director liabilities from all perspectives, utilizing illustrations and relevant case law
• Incorporates critical lessons and insights drawn from numerous real-world cases across different international jurisdictions
• Provides a concise, clear account of the legal provisions and procedures for the appointment, resignation, and removal of various categories of directors
• Contains a chapter featuring 108 frequently asked questions that provides pragmatic guidance on questions faced by directors, professionals, regulators, tribunals, and courts
• Indispensable resource not only for lawyers and judges also but also, for professionals (CS, CA, Law), directors, academicians, interns and students