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.
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More sections of this act
Section 1 · Short title and commencement.Section 2 · Declaration of National Dairy Development Board as an institution of national importance.Section 3 · Definitions.Section 4 · Incorporation of National Dairy Development Board.Section 5 · Vesting of undertakings of Indian Dairy Corporation in National Dairy Development Board and dissolution of Indian Dairy Corporation.Section 6 · Effect of incorporation of National Dairy Development Board.Section 7 · Saving of legal proceedings.Section 8 · Management of National Dairy Development Board and composition of its Board of Directors.India Code, Government of India. Text fetched 26 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.