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Hi Guys,
I just need an advise on this matter:
1. The President signed some agreements/contract to a supplier.
2. Now supplier are not being paid for a very big amount, and the supplier or now filing a case against the company.
Question:
1. Are board of directors liable to the case, while the agreement was signed under the name of the president and no directors engagement?
Is there an article I can read about this.
Thank you very much in advanced.
I just need an advise on this matter:
1. The President signed some agreements/contract to a supplier.
2. Now supplier are not being paid for a very big amount, and the supplier or now filing a case against the company.
Question:
1. Are board of directors liable to the case, while the agreement was signed under the name of the president and no directors engagement?
Is there an article I can read about this.
Thank you very much in advanced.
