Shipping Development Fund Committee (Abolition) Act : Powers and duties of directors and

Shipping Development Fund Committee (Abolition) Act,1986

Act No : 66

Section : Powers and duties of directors and administrators.

12. Powers and duties of directors and administrators. Subject to
the control of the Central Government, the directors, or, as the case
may be, the administrators appointed under section 10, shall take such
steps as may be necessary for the purpose of efficiently managing the
business of the shipowner and shall exercise such powers and discharge
such duties as may be exercisable by persons in charge of managing the
said business.