Directors' duties, liabilities and insurance

CompanyA private company limited by shares incorporated and registered in England and Wales. directorsThe directors of a company are the individuals who make up the company's board of directors. Directors may be natural persons or companies, but each company must have at least one director who is a natural person. The board is the main decision-making body of the company. owe certain duties to their companyA private company limited by shares incorporated and registered in England and Wales. , including to promote the success of the companyA private company limited by shares incorporated and registered in England and Wales. for the benefit of its shareholdersIn relation to a company limited by shares, means persons whose names have been entered in the register of members of that company as shareholders in that company. and to exercise independent judgment. They must make sure they understand their duties and factor(In finance) A financier who provides finance to a business by buying the business's debts under the terms of a factoring agreement. them into day-to-day decision making; failure to do this could lead to personal claims against the directorThe directors of a company are the individuals who make up the company's board of directors. Directors may be natural persons or companies, but each company must have at least one director who is a natural person. The board is the main decision-making body of the company. . This section explains the duties and the circumstances in which personal liability could occur, and how directorsThe directors of a company are the individuals who make up the company's board of directors. Directors may be natural persons or companies, but each company must have at least one director who is a natural person. The board is the main decision-making body of the company. can be protected.