Discuss the powers obligations and duties of directors of the company.

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Description

Discuss the powers, obligations, and duties of directors of the company.

Question

Discuss the powers, obligations, and duties of directors of the company.

Assume the company is properly incorporated in the directors are properly appointed”.
Marking Criteria
1. Discuss the common law obligations an Executive Director is owed to the company. (1.3 marks)
2. Discuss director’s fiduciary duties owed to the company. (3 marks)
3. Discuss director’s statutory obligations owed to the company. (6 marks)
4. Discuss any defences that a director could raise where they may have breached their statutory obligations. (4 marks)

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