Clarkslegal LLP - Solicitors in Reading and London

Business Recovery & Insolvency

Directors’ Duties

At Clarkslegal we have a team of solicitors that specialises in providing legal advice and support to Directors. 

Directors are uniquely subject to specific legal obligations in many areas of their business life. Whatever challenge you face as a Director, our specialist Directors team includes leading experts in corporate, dispute resolution, employment, insolvency and regulatory law who will provide you with clear, practical and experienced guidance.  

Directors’ duties

The Companies Act 2006 created a set of codified duties owed by directors to the company itself. 

  • To act within their powers
  • To promote the success of the company
  • To exercise independent judgment
  • To exercise reasonable care, skill and diligence
  • To avoid conflicts of interest
  • Not to accept benefits from third parties
  • To declare interest in proposed transaction or arrangements with the company

These duties can be enforced by the company itself and in some circumstances by its shareholders on the company’s behalf.  Our team is on hand to give expert guidance both during the day to day management of a company and also should a dispute arise between directors.

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