Shipping Development Fund Committee (Abolition) Act : Indemnification of directors, etc. Indian

Shipping Development Fund Committee (Abolition) Act,1986

Act No : 66

Section : Indemnification of directors, etc.

19. Indemnification of directors, etc. Every director or
administrator appointed under section 10 and the designated person
appointed under section 16 shall be indemnified by the Central
Government against all losses and expenses incurred by him in relation
to the discharge of his duties, except such as are caused by his own
wilful act or default.