Director's Responsibilities – expert guidance to ensure that you meet your legal requirements

Directors’ responsibilities are numerous. They manage a company, its business and affairs taking decisions as a board or acting by committees and other persons with delegated responsibility subject in each case to any requirement for shareholder or third party consent or approval and to applicable law.

The directors owe various duties and responsibilities to the company, its shareholders and employees and to third parties (including government agencies). These director duties and responsibilities have been revised and supplemented by the new Companies Act 2006 and subordinate legislation and so compliance is now even more onerous than ever. Failure to comply may result in a criminal offence, civil action, personal liability and/or disqualification.

Given the personal risk and exposure involved in being a company director and of non-compliance we at Ralli can protect you against taking unnecessary risk. We can advise you on your duties and responsibilities and let you know your potential exposure and effect of non-compliance, including liabilities. We can provide guidance through the potential mine fields in your business dealings with the company and with shareholders, employees and third parties.

We can also draft corporate governance policies and procedures and minutes of meetings, resolutions and other documents required by you for (or which provide evidence of) compliance. And in conjunction with other advisors we can assist with filing and record keeping requirements of Companies House, HMRC and other regulatory bodies and authorities.

In the event of actual, anticipated or threatened criminal or civil proceedings or investigation involving the company, the directors and/or you we can provide expert advice.

If you require further information, please contact Adrian Anderson

If you would like to view a selection of cases that we have dealt with please look at our Cases Won

Similarly, we can also assist you in your relationship with the company and its shareholders, and are able to represent you when things go wrong. Contact a Ralli business solicitor for early advice to remove any uncertainty you may have by using the link or by phoning on 0870 998 9000.