MESSRS SAKHI DATTAR COTTON INDUSTRIES AND OIL MILLS THROUGH AUTHORIZED PARTNER versus MESSRS MAHMOOD PVT. LTD.
Section 2 (8) Civil Procedure Code (v. 1908), O. VII, R2 Suit for recovering money due to purchase of company used in Company Limited, Ordinance of Companies, 1984 used in section 2 (8). This means that the liability of the shareholders cannot be limited to the extent of the shareholders' contribution to the share capital in the share capital, for any random liability, they are the only assets of the company whose Unpaid lenders or claimant shareholders cannot be treated as company principals and the company cannot be considered as a shareholder agent. Be made responsible to the shareholders for the transaction entered by the managing director of the company. Therefore, the responsibilities of the Company cannot be attributed solely to the fact that it was the Managing Director Word that we used in the letter head of the Managing Director. As a authorized signatory, this company's company refers to the company because usually a company often addresses itself as a legitimate lender, therefore, cannot maintain its claim against the managing director and sign the correspondence. Cannot be personally responsible for this claim.
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