or omits to act in order to obtain unlawful gains.) Section 312 (Director or manager permits another to commit dishonest act in the account or document) and; Section 313 (Increasing penalties for
to act in any manner that may contravene the securities laws, without a chance of avoiding such order, is the company secretary liable to contravention of such laws as well? If so, what penalties apply
executives who have performed their duties with care and loyalty and more severe penalties may be imposed on directors or executives who commit a fraud. Q: In case where the board of directors hires an