Board Minutes – COVID 19 and Directors’ Duties
Directors’ duties and responsibilities as set out in the Companies Act
2006, continue to apply notwithstanding the COVID-19 pandemic. As directors
are tasked with the management and control of their business, it is more
important than ever that directors not just act in good faith to promote
the success of their company but are seen to actively engage with this in a
proactive and transparent manner.
The current pandemic will cause directors to consider their duties and the
actions that they take even more carefully, and it is more important than
ever to document these matters. Directors are unlikely to be held to have
breached their duties if decisions made, whatever their financial outcome,
have been made to safeguard employees and ensure the company’s continued
These board minutes refer to the COVID-19 pandemic and set out the matters
that the company has and will consider to successfully navigate the impact
of the pandemic on the company’s business. These board minutes allow the
directors to acknowledge their duties, have a written record of their
actions and the matters that they considered in coming to their decisions.
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