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Board Meetings and Director Duties talk

Board Meeting and Director Duties explained by Wisteria's Company Secretary Service

Company Secretarial Overview
Business entity
Shareholder meetings
Resolutions
Board Meetings and Director Duties


Board Meetings

The Company Secretary has no right to attend the board meetings, however it is common practice that they attend and take minutes and help to organise and ensure that the meetings operate effectively.

Directors Duties

Although this is a chapter on company secretarial matters it is the company secretary's role to remind the directors of their duties and therefore the company secretary ought to be fully aware of them.

Directors have a fiduciary duty to the company. They must:

* Act in the best interest of the company.
* Act as trustee in regards the assets of the company.
* To be honest.
* To divulge all conflicts of interest.
* To exercise skill.

A director can find himself personally liable for losses or damages for personal actions or inactions. This is especially true in discrimination cases.

For more immediate Company Secretarial support go to the Company Secretarial web page.

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