The role of a company director is to govern a company on behalf of its shareholders or members. Arising from this role, and the powers that come with it, are a variety of duties that directors owe to the company. In essence, a director is bound to exercise their powers in the best interests of the company. Depending on the size and structure of the company, the various duties that a director will be required to comply with can often be plentiful. Many of these duties automatically place significant onuses on the director to conduct themselves a certain way – and breaching those duties can have significant consequences.
