Information Rights of a Company Director- Does our company law need a relook in the post-pandemic world?

Background The fiduciary duties of the directors of a company under the Companies Act, 2013 (“Act”) have been well-recognised in multiple landmark judgments, and in Section 166 of the Act.  Under Section 166(3), a director is required to exercise his duties with reasonable care, skill and diligence, and exercise “independent judgement”. It is stated in Section 179(1) of the Act that the Board of Directors shall be entitled to exercise all such powers, and do…