Directors bear a great deal of responsibility and are legally bound to work in the best interests of the company. As such, any non compliance with the company’s articles, or any breach of duty must be treated seriously and in certain circumstances, a director’s...
When the Companies Act 2006 came into force in the UK, company directors were legally bound to fulfil certain duties or risk facing severe repercussions, including dismissal or disqualification by court order. Here is an overview of some of the general duties to give...