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Duties of a Director of a Company: Avoiding Conflicts of Interest

   

Added on  2023-01-17

12 Pages1024 Words46 Views
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Duties of a Director of a Company: Avoiding Conflicts of Interest_1

Table of Contents
INTRODUCTION
DUTY OF A DIRECTOR OF A COMPANY (SECTION 175 COMPANIES ACT 2006)
RELEVANT CASE LAW OF DUTY TO AVOID CONFLICT OF INTEREST TO
AVOID CONFLICTS OF INTEREST
CONCLUSION
REFERENCES
Duties of a Director of a Company: Avoiding Conflicts of Interest_2

INTRODUCTION
Duties of director of a company according to the section is to avoid conflicts of interest and for that an
individual or director avoid situations of conflicts. This present study is about to show some specific
roles of a director that tries to solve problems related to conflicts and protect the company from this
situation.
Duties of a Director of a Company: Avoiding Conflicts of Interest_3

Duties of a director of a company according to
2006 section 175
A director is a person who is a head of the company which has certain power and stand in a fiduciary relationship.
They are appointed by shareholders for managing day to day operations in an efficient manner. According to the
companies act 2006 section 175 some duties of a director can be discussed and in which the main duty is to avoid
conflicts of interest. This section 175 contains a common duty of a director which is called avoid situation of
conflicts that are in regard to the company. All these duties are being set in a statutory code As per the company act
2006, 175 sections, some common and important roles are described as follows:
Duties of a Director of a Company: Avoiding Conflicts of Interest_4

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