Trace Your Case

Duty Towards Stakeholders

Tristar Consultants v. Customer Services India P. Ltd., (2007) 78 CLA 365 (Del)


Under what circumstances and on what pleadings, a director of a company can be made liable in an action for recovery of damages alleging breach of contract by the company?


Section 230 of the Indian Contract Act states that an agent cannot personally enforce, nor be bound by, contracts on behalf of principal.- In the absence of any contract to that effect an agent cannot personally enforce contracts entered into by him on behalf of his principal, nor is he personally bound by them.

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