A lot of people want to become a company director, whether paid or as a volunteer, but have not considered the personal risks and obligations involved. In today’s world directors face increasing scrutiny, more regulatory expectations and growing stakeholder accountability.
Legal duties apply to anyone involved in the governing of their company or incorporated association, whether operates for profit or not-for-profit. It extends to anyone who has “control or influence” over the governance of an organization, even if they do not hold an official position. The 4 mai
