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Company Directors – Be Careful in accepting the role!

We often get asked to advise employees or general members of the public in respect of their role as director in a company. Time and time again, members of the public accept these roles without fully understanding the role and responsibilities of a company director and what can happen if a company becomes insolvent or ceases trading for example.

The Corporate Enforcement Authority have published a very useful note which is aimed at members of the public who may be approached to become directors of a company and who may not be familar with the resulting obligations.

A copy of the link to the guidance is attached.


#employmentlaw #companylaw #director #corporateenforcementauthority

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