n Without Prejudice - Read this before becoming a company director : company law
|Article Title||Read this before becoming a company director : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Eversheds and 2 Eversheds|
|Publication Date||Sep 2011|
|Pages||18 - 20|
The duties of directors are primarily determined by common law, the new Companies Act (71 of 2008, the shareholders agreement and the memorandum of incorporation of the company, service agreements (specifically concluded between the director and the company) and resolutions passed at members' or directors' meetings.
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