So you are a Director of a Company, but are you aware of your legal obligations?
Commercial solicitor, Nick Arthur, who is based at our office in Barnstaple, North Devon, looks at the legal obligations of a director of a limited company. Company directors are often surprisingly uncertain about their duties and obligations. They are frequently that they effectively act as agents of the company, being appointed by the shareholders to manage the company's affairs on a day-to-day basis. As a general principle, the directors of a company should act together as a board. The board can however delegate powers to...
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