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

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Published by a LexisNexis Corporate expert
Published on: 31 January 2018
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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

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Directors definition
What does Directors mean?

A director of a company is responsible for the day-to-day management of that company. The directors make decisions on behalf of the company in order that it can carry on its business.

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