As a director, you are responsible for running the company in such a way that promotes its success of the company. This means dealing in good faith, acting in the best interest of the company and ensuring compliance with laws and regulations.
The Companies Act requires that directors perform certain vital duties, and it is important that all directors understand these requirements.
In this session, we will discuss the rights and duties of directors of Non-Profit companies as required by the Companies Act of 2008.
Companies Act
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 and stakeholders
• The liability of a director
• The board of directors and subcommittees
