Being a director may pose challenges in managing the various responsibilities that arise when a company encounters unforeseen circumstances. Our team specialises in collaborating with businesses and their directors, offering valuable guidance and assistance in navigating through these critical moments and ensuring optimal decision-making for the company.

In the intricate realm of corporate governance, directors navigate through a labyrinth of uncertainty regarding their obligations, the scope of those obligations, and the potential consequences of failing to fulfill them. Here is a case in point:

Directors are required to adhere to the obligations outlined in the 2006 Companies Act. These obligations encompass the following:

• Fostering the triumph of the enterprise
• Declining any presents or inducements offered to you as a result of your directorial role
• Steering clear of circumstances that may engender a clash of interest with the establishment.

We offer our services to both individual directors and boards of directors, helping them navigate potential risks and safeguard their businesses. When you encounter challenges or hardships, we put our expertise to work to find the most favorable resolution for you and your business. Here are a few instances where our assistance can be of value:

• Adhering to and remaining current with governmental regulations
• Providing guidance on financial liquidity
• Creating a written notification of counsel
• Allegations of deceptive or illegal trading practices
• Unlawful transgression of the obligations imposed upon directors
• Claims related to the disqualification of directors

If you find yourself in need of guidance regarding the obligations of directors, feel free to reach out to us and we will be more than happy to provide the necessary assistance.