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The Companies Act, 1956 Bare Act |
| 7. INTERPRETATION OF
"PERSON IN ACCORDANCE WITH WHOSE DIRECTIONS OR INSTRUCTIONS
DIRECTORS ARE ACCUSTOMED TO ACT".
Except where this Act expressly provides otherwise, a person shall not be deemed to be, within the meaning of any provision in this Act, a person in accordance with whose directions or instructions the Board of directors of a company is accustomed to act, by reason only that the Board acts on advice given by him in a professional capacity. |
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Companies Act Judgment 1 | Companies Act Judgements 2 | Companies Act Judgments 3 | Companies Act Judgments 4 |