As a director, you are responsible for running the company in such a way that promotes the success of the company. This means to deal in good faith, act in the best interest of the company and ensure compliance with laws and regulations.
The Companies Act requires that directors perform certain vital duties, and all directors must understand these requirements.
In this session, we will discuss the rights and duties of directors as required by the Companies Act of 2008.
The following will be covered during this session:
What makes a good director in our modern age
Rights and responsibilities of directors as per the Companies Act
o Important Companies Act requirements for the business
o The importance of JSE requirements
The relationship between directors, shareholders and other stakeholders
The liability of a director
The board of directors and subcommittees
