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What happens if a civil case is filed against a startup?
09-Dec-2023 (In Corporate Law)
Will the Directors of the startup be held accountable? If a civil case is filed against a startup?
Dear Sir/madam,
If the start up you are referring to is a Company registered under the provisions of the Companies Act 1956/2013, then that will be considered as a separate legal entity and directors are not personally liable for the acts of the company in general. However if you can share more details, I can look into the same and explore the possible legal alternatives.
If the start up you are referring to is a Company registered under the provisions of the Companies Act 1956/2013, then that will be considered as a separate legal entity and directors are not personally liable for the acts of the company in general. However if you can share more details, I can look into the same and explore the possible legal alternatives.
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Adv. Savitha G
Chennai | 25+ Answers
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