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The document discusses whether legal representatives can be held liable for the acts of directors or others involved in managing a company that is now insolvent. It analyzes previous cases and sections of the Companies Act to determine if proceedings under Sections 542 and 543 can be maintained against legal representatives. The court ultimately finds that legal representatives cannot be held liable as the relevant sections refer to the personal conduct of individuals, which legal representatives have no kn

Author

Varun Madan

Language

EN