Q&As

What are directors’ duties for persons holding multiple directorships within a corporate group?

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Published on LexisPSL on 31/01/2018

The following Corporate Q&A provides comprehensive and up to date legal information covering:

  • What are directors’ duties for persons holding multiple directorships within a corporate group?

Directors owe various duties to the companies of which they are directors and to other persons. Historically, some of the key duties were fiduciary in nature. The main directors’ duties developed by the courts are now set out in statute in sections 171–177 of the Companies Act 2006 (CA 2006). For an overview of the nature and extent of the

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