Seven Things Every Company Director Needs to Know
Becoming a company director comes with a fair bit of responsibility - and not just when things are going well. Whether you're the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006. Here’s a straightforward look at seven key duties every director should be aware of: Follow the company’s constitution Your first duty is to stick to the rules set out in the company’s constitution and articles of association. These documents outline how the company should be run and what powers you have as a [...]