The promoter stands in a fiduciary position to the company for any profit secretly made. He is liable to the company. The company can ........................... . - Study24x7
Social learning Network
SANJAY JAIN
25 Jul 2020 04:24 PM study24x7 study24x7

The promoter stands in a fiduciary position to the company for any profit secretly made. He is liable to the company. The company can ........................... .

A

Cancel the contract and recover the purchase price where he sold his own property to the company.

B

Sue the promoter for the amount or profit and recover the same with interest.

C

Claim damages for breach of fiduciary duties.

D

Either (a) or (b) or (c)

Finance/CA Commerce Law
Like Comment Share
study24x7
Write a comment
Related Questions
500+   more Questions to answer

Popular Courses

NDA Exam online Course - 2021 Beginners Level English By CADETS PRIME DEFENCE 15,000 25,000 40% off
CA FOUNDATION BUSINESS AND COMMERCI... All Levels English By CHARTEREDS SPECIAL
CAPF(AC) | Test Series All Levels English By Ajabs Academy Pvt Ltd
Introduction to Google Ads All Levels English By Digital World
NDA Exam Online Course 2021-2022 Beginners Level English By Sigma Classes 15,000 20,000 25% off
Free SEO training: SEO for beginner... Beginners Level English By Digital Marketing - Learn SEO, PPC,...
Free SEO Link Building Guide 2019 All Levels English By Digital Marketing - Learn SEO, PPC,...
Math Special Course for SSC CGL, CP... All Levels हिन्दी By Topline Coaching 999 1,499 33% off
SSC CGL, CPO, CHSL, GD Comprehensiv... All Levels English By Topline Coaching 3,999 5,499 27% off
English Special Course for SSC CGL,... All Levels English By Topline Coaching 999 1,499 33% off
Featured Courses
Popular Pages

Featured Courses

CA FOUNDATION BUSINESS AND COMMERCIAL KNOWLEDGE All Levels English By CHARTEREDS SPECIAL
FREE
5.0
Introduction to Google Ads All Levels English By Digital World
FREE
5.0
Free SEO training: SEO for beginners Beginners Level English By Digital Marketing - Learn SEO, PPC, SMO, SEM, Cont...
FREE
5.0
Ratio,Proportion and Partnerships for Bank and SSC... All Levels हिन्दी By logicalangle
FREE
5.0
Free SEO Link Building Guide 2019 All Levels English By Digital Marketing - Learn SEO, PPC, SMO, SEM, Cont...
FREE
4.5
BESTSELLER
SSC CGL, CPO, CHSL, GD Comprehensive Course All Levels English By Topline Coaching 3,999 5.0
G.S. Foundation Premium Course All Levels हिन्दी By RAU IAS COACHING 2,199 5.0
English Special Course for SSC CGL, CPO, GD All Levels English By Topline Coaching 999 5.0
Online Free SSC Mock Tests All Levels English By Topline Coaching
FREE
4.5
Math Special Course for SSC CGL, CPO, GD All Levels हिन्दी By Topline Coaching 999 5.0

Popular Pages

Banking/IRDA

265 followers

SAT (Scholastic Assessment Test)

18 followers

DEFENCE EXAM PREPARATION

22 followers

Study24x7

1225 followers

Vivishka Learning and Test Series

343 followers

Henry Harvin

60 followers

UPSC & State PSC

1010 followers

CBSE Study Materials

86 followers

SSC Preparation Strategies & Study Mater...

1543 followers

Finance/CA

40 followers

Get the App

Download the Study24x7 App, so you can connect and collaborate.

study24x7
study24x7
Most Related Articles