Directors Personal Legal Liability

Director’s Personal Legal Liability – the legal implications of Directorship

It is becoming increasingly important for directors to be aware of the duties that they are responsible for and the liabilities they can face. Recent legislation, European directives and the Companies Bill show that governments are determined to make directors more accountable for the actions of their companies.

Key Objectives

After attending this course delegates will understand:

• The legal implications for Directors
• Awareness of the duties and liabilities of a Director
• Appreciating the powers and limitations of Directors
• Annual reports and accounting responsibilities

Course Outline

• The companies constitution
• Appointment of Directors
• Powers and limitation of Directors
• Duties of Directors
• Liabilities of Directors
• Wrongful and fraudulent trading
• Shadow director
• Meetings
• General meetings
• Board meetings
• Service agreements
• The Report and Accounts - Accounting principles
• The Companies and Enterprise Acts

Key Benefits

• Fully informed and knowledgeable Directors
• Avoiding potential pitfalls and legal difficulties
• Awareness of legislation in Director responsibility
• Awareness of responsibilities to companies and staff