Match the LIST I with LIST II LIST-I Position of DirectorsLIST-II Case laws A. Directors as 'Agents' I.…
Ferguson v. Wilson treats directors as agents, R.R. Kothandaraman v. CIT as employees, Great Eastern Rly. Co. v. Turner as trustees, and Forest of Dean Coal Mining Co., Re…
Choose your answer
Match the LIST I with LIST II
| LIST-I Position of Directors | LIST-II Case laws |
|---|---|
| A. Directors as 'Agents' | I. Ferguson v/s Wilson |
| B. Directors as 'Employees' | II. R.R. Kothandraman v/s Commr. of Income Tax |
| C. Directors as "Trustees' | III. Great Eastern Rly. Co. v/s Turner |
| D. Directors in a 'Fiduciary relationship' | IV. Forest of Dean Coal Mining Co. Re |
Answer and explanation
Correct answer C
Ferguson v. Wilson treats directors as agents, R.R. Kothandaraman v. CIT as employees, Great Eastern Rly. Co. v. Turner as trustees, and Forest of Dean Coal Mining Co., Re describes their fiduciary relationship, giving "A-I, B-II, C-III, D-IV".
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