what are company's directors duties?

Expert Solution

The company's directors duties are:

1) To Call annual meeting with shareholders

2) To conduct frequent meetings for acting as a best interest for the company

3) To implentation of policies created and director duty include that he/she is part of taking major decisions

4) Ensure that company pay all its liabilities and make sure that assets are greater than its liabilities

5) Ensure to implement country's coorporate law in the company

6) Ensure to retain company's credibility but not allowing or agreeing the business to be carried for high risky activites which ultimatly lead to huge loss to the company

7) Ensure the interest to all stakeholder, shareholder, employee and workers (etc) of the company

8) Ensure to disclose correct and complete financial information in the company's annual report, half yearly reports, Quarterly reports and monthly reports

9) Responsible for 'due diligence' (meaning vetting of data and information) of Internal and external activities of the company

10) Avoid any kind of conflict of interest and furnish implementable and practical solutions also with alternative solutions for any problem

jeff jeffy answered 2 years ago

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