maharastra co-op.soci.act
shivraj
(Querist) 21 September 2008
This query is : Resolved
after the resign the liablity of the directors? in one case there are 11 directors in there 2 experts only release from liablity but remaining 9 is not release r they liable for societies debt?
ESTHERPRIYA
(Expert) 29 September 2008
The directors who are in charge of the conduct of affairs of the society by which the debt incurred are liable under law.