Section 172(1) of the Companies Act 2006 describes and imposes significant following duties upon a director, which a director must discharge; (a) The likely consequences of his any decision in the long-term on a company, (b) A director must watch interests of the company’s employees first, (c) A director must try to foster the company’s business relationships with suppliers, customers and.
Thus, the executive director and the non-executive both have an equal responsibility for the smooth running of the company. The duties of the director are examined below. DUTIES OF A DIRECTOR. The scope of power of the directors of any company is found in the company’s constitution. However, various statutes control and prescribe the role and.
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