Section 213
Duties and responsibilities of directors
ActIn forceProvision 213 of 768
Section 213
(2)
A director of a company shall exercise reasonable care, skill and diligence with—
(a)
the knowledge, skill and experience which may reasonably be expected of a director having the same responsibilities;
and
(b)
any additional knowledge, skill and experience which the director in fact has.
(3)
A director who contravenes this section commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding five years or to a fine not exceeding three million ringgit or to both.