THE BASICS: DIRECTORS’ STATUTORY DUTIES

A briefing from law firm Gowling WLG on 21 August says that directors managing their company must do so in accordance with the company’s articles of association and ensure that the company complies with its numerous statutory obligations. But there are also certain general statutory duties, the aim of which is to protect shareholders, which directors are personally subject to in managing the affairs of the company, and with which they must also comply.

https://gowlingwlg.com/en/insights-resources/articles/2018/the-basics-directors-statutory-duties

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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