Subjects:

Company Law

Contents:

Fundamentals about directors

Directors’

powers and company management

Length of service

Origin of directors’

duties

Disclosure requirements

Administrative duties

Restricted and prohibited transactions

Shareholders

Financial accounts

Health and safety

Stakeholders

The struggling company

Penalties for breach of duty

Plus appendices including: - The Combined Code 2006: Code of Best Practice

- Guidance on Internal Control (The Turnbull Guidance)

- Continuing Obligations –

the Model Code: Annex LR9

- Due diligence for directors

- Induction of directors

- Statutory forms and filing periods

- Document retention periods

- Data protection principles

- Matters for determining unfitness of directors

Directors of UK companies have an extensive range of legal responsibilities, not just in relation to managing the company but also to employees, shareholders, customers and other stakeholders.

Now in its third edition, The ICSA Director’s Guide explains all the core duties and liabilities of being a director from appointment to resignation, including disclosures, shareholder relations and corporate governance.

This new edition has been revised and updated to include requirements of the Companies Act 2006 and its implications for company directors, particularly in relation to the new statutory statement of directors’ duties, which adds further weight to the wider responsibilities directors have towards employees, customers, creditors and the environment.

In addition, the commentary has been thoroughly revised to take account of:

• Companies Act 2006 Updates
• new statutory statement of directors’ duties
• the 2006 Combined Code
• due diligence and induction of directors
• the Disclosure and Transparency rules
• breach of duty and derivative claims
• electronic communications
• corporate manslaughter update

For both seasoned and newly appointed directors, executive or non-executive, this guide is the essential, handy reference to help them identify and comply with their duties prescribed by company law and regulation.

This book is intended as a pocket-sized publication for directors to carry with them and use as a quick reference guide. It has been written in a concise and easy to read way so directors can quickly find the basic facts about their duties, responsibilities and what they need to do to comply.