Hasina was the director of a private company. She did not take part in the management of

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Hasina was the director of a private company. She did not take part in the management of the company apart from signing the annual returns. The company borrowed loan and entered credit transactions with its suppliers, all documents being signed by Hasina. The company became insolvent, and the creditors are suing Hasina in order to recover the debts owed by the company.

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With reference to Companies Act of Fiji 2015, whether Hasina can be held liable for the company’s debt.

Posted Date: Sep 24, 2021 09:25 PM

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Hasina was the director of a private company. She did not take part in the management of

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In this manner when in doubt the director isnt held by and by liable in the interest of the organiza... View the full answer

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