Podcast
Questions and Answers
Who is considered a Director under common law duties?
Who is considered a Director under common law duties?
Any person occupying position of director of a corporation by whatever name called including shadow D and de facto D.
What is the role of a shadow director?
What is the role of a shadow director?
To give direction and instruction towards directors and the majority of the company is accustomed to working with these directions and instructions.
What is a de facto director?
What is a de facto director?
A person who acts as a director and is allowed to do so by the Board of Directors.
Which positions are included in the definition of a director under S2(1)?
Which positions are included in the definition of a director under S2(1)?
Signup and view all the answers
How are actions taken by shadow and de facto directors binding to the company?
How are actions taken by shadow and de facto directors binding to the company?
Signup and view all the answers
