Law presentation

LAW PRESENTATION

Table of Contents
• INTRODUCTION
• DIRECTORS DUTY TO AVAIL CONFLICT UNDER SECTION 175 OF COMPANIES
ACT, 2006
• CONCLUSION
• REFERENCES

INTRODUCTION
Companies act, 2006 reflects the overall working structure of the company and also
imposes liability to the members of the company in respect of dealing in any activities in
right manner.

DIRECTORS DUTY TO AVAIL CONFLICT UNDER SECTION 175 OF COMPANIES ACT, 2006
Directors are the whole and sole of the company as they are in charge of managing the
overall activity in the business.

To be contin…..
Duties of the directors:
• Confidential information
• Approval from all the members
• Specific agenda

To be contin…..
Conflicts of interest:
• multiple directors
• Post as the customer or shareholder or supplier
• advisors role

To be contin…..
• Section 175 of the companies act, 2006
• Punishment
• Criminal matters

To be contin…..
Resolving the issues against the conflict
• Public companies
• Private companies

To be contin…..
Edgar V Munro Chancery Division (Companies Court) 18 July 2017
• minority right in the company
• deadlock amount of the 50:50 ratio

CONCLUSION
From the above study, the discussion is examined that under companies act, 2006 the role of
directors are to be undertaken in respect of determining the complete control of the
company.

REFERENCES
Books and Journals
• McLaughlin, S., 2018. Unlocking company law. Routledge.
• Tsagas, G., 2017. Section 172 of the Companies Act 2006:
Desperate times call for soft law measures. Draft Paper
for contribution: Tsagas, G.