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cmbhagat   18 February 2016

Contrat dispute

Sr. Person of the company signs the contract on behalf of company without discussion with anybody in the company and any dispute arises under this contract. What is the legal implication on company?



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 3 Replies

ROHIT SHARMA (Legal Advisor )     18 February 2016

1. The damages that arose from such arbitrary decision of the sr. person need to be compensated by such person and explanation from such sr. person be sought by the competent higher authorities. You need to have elaborate discussion among the board directors of the company.Refer to the M.O.U of the company and trace if such sr, person is liable for loss caused due to his arbitrary decision.
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cmbhagat   20 February 2016

Dear Mr. Sharma,

Thank you very much for your quick reply. Please advice, the legal implication of dispute on the Company due to the action of Sr. person.

 

JustAdvisor (IT)     18 April 2016

Please research on doctrine of indoor management...


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