Directors’ Duties and Other Matters Surrounding Directors

What are Directors’ Duties?


This Guidance Note What are Directors’ Duties? and related documents listed below relate to Directors’ duties under the Companies Act 2006, and other issues surrounding directors.

This Guidance Note (which is part of a series of guidance notes for the Company Secretary) covers the following:

• Directors duties
• Remuneration, expenses, gratuities and pensions
• Conflicts of interest
• Loans to directors
• Indemnity and insurance for directors

The Guidance Note What are Directors’ Duties? refers to many other documents, including shareholders’ resolutions, and board minutes. These supplementary documents can be located by clicking on the links below.

1. Board Minutes - Declaration of Director’s Interests (CO.CA.DIR.16)
2. Letter – Declaration of a Director’s Interest in a Proposed Transaction (CO.CA.DIR.12)
3. Shareholders’ Ordinary Resolution to Approve Substantial Property Transaction (CO.CA.MR.15)
4. Shareholders’ Ordinary Resolution for Approving Loan to a Director or Acting as Guarantor for a Director (CO.CA.MR.12)

Once you have purchased access to the Corporate Document Folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.