Directors Not Automatically Liable for Company’s Wrongful Acts without Direct Involvement: SC Rules in Favor of Tata Realty Directors

The Supreme Court ruled in favor of Tata Realty directors, stating that directors are not automatically liable for a company's wrongful acts without direct involvement. This decision clarifies the liability of directors. It underscores the importance of proving direct involvement. This ruling reflects the court's emphasis on individual responsibility. It emphasizes the need for specific evidence. The ruling aims to protect directors from undue liability.