The National Dairy Development Board Act

Defects in appointments not to invalidate acts, etc., of Board

Protection of acts done in good faith

Indemnity of directors

Obligation as to fidelity and secrecy

Recruitment of additional officers and other employees

Liquidation only under orders of Central Government

Delegation of certain powers by Central Government

Transitional provisions for auditors

Transitional provisions with regard to Chairman and Board

Management or assistance to others to continue

Mother Dairy to be a subsidiary unit of National Dairy Development Board

Formation of companies with previous approval of Central Government

Omitte

Returns

Power to make schemes and regulations regarding service matters retrospectively

Act to have overriding effect

Power to make regulations

Power to remove difficulties

Schemes and regulations to be laid before Parliament


MISCELLANEOUS


Every director shall be indemnified by the National Dairy
Development Board against all losses and expenses incurred by him, in, or in relation to, the discharge of
his duties, except such as are caused by his own wilful act or default.

LAWGIST

# 34 Indemnity of directors