Company Directors’ Responsibilities
Company directors' responsibilities are wide and diverse. Their duties arise primarily from two sources: statute (Acts of the Oireachtas and other legislation e.g. EU Regulations) and common law.
Directors’ common law duties can be summarised into three principles:
Duties as a company officer under the Companies Acts;
Company Secretaries’ Responsibilities
A company secretary’s main functions are to oversee the company’s day to day administration and to ensure specifically that the company complies with the law and observes its own regulations.
Their duties may be summarised as follows:
Statutory Duties under the Companies Acts (usually in conjunction with a director);
Duty of disclosure of certain personal information;
Duty to exercise due care, skill and diligence
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New Companies Act
You are invited to complete a Survey by CRO on provision of information to its stakeholders in relation to the new legislation.
Staff from ODCE are available to give presentations on corporate governance/role and duties of company directors to groups of 10 or over. If interested contact ODCE - firstname.lastname@example.org