directors

The dangers of knowingly falsely accounting as a director of a company

February 12, 2013

The recent criminal prosecution of Waheed Luqman, reported here, demonstrates how careful those controlling a business must be to avoid knowingly submitting misleading statements as to their business’ finances. False accounting is a criminal offence under s.933 of the Companies Act 2006 and can result in a jail sentence of up to ten years. We’ll […]

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What are a director’s “annual” responsibilities?

December 11, 2012

Directors of a company in the United Kingdom have a great deal of power to control the decisions and long-term direction of their company. They deal with the profits and capital of the business and they therefore have significant reciprocal duties under the Companies Act 2006 which attempt to ensure that the financial position of […]

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Can directors make an unfair dismissal claim?

November 15, 2012

Following on from Chris Hadrill’s post on the duties of directors at Direct 2 Lawyers we thought that it would be interesting to consider whether directors are employees or not for the purposes of the Employment Rights Act 1996 – effectively whether they’re entitled to bring a claim for unfair dismissal against their employer, the […]

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