Expert guidance on directors’ duties and disqualification

At Smalleys Solicitors LTD, our Company Law Solicitors possess extensive knowledge of directors’ duties, compliance, and the consequences of breaches. We provide ongoing advice to your Board, ensuring you stay compliant with the Companies Act 2006 and other relevant legislation.

If you’re facing disqualification, our Company Law Solicitors will collaborate with our Dispute Resolution and Business Crime and Regulatory teams to build a robust defence and represent you if under regulatory investigation. Rest assured, you have one of Nottingham and Nottinghamshire’s top law firms on your side.

We are a diverse, multi-lingual firm leveraging best-in-class technology to deliver effective company law advice and representation. Our extensive experience and strong reputation with the UK’s top Barristers, Queen’s Counsel, and industry experts enable us to provide exceptional support.

Below are answers to some common FAQs concerning directors’ duties and disqualification.

What are the duties of a company director?

The general duties of a company director, outlined in the Companies Act 2006, include:

• Acting in accordance with the company’s constitution and using powers appropriately.
• Acting in good faith and promoting the success of the company.
• Exercising independent judgment while considering advice.
• Using reasonable care, skill, and diligence.
• Avoiding conflicts of interest.
• Not accepting benefits due to their position.
• Declaring any interest in proposed transactions or arrangements with the company.

Our Company Law Solicitors can advise on all aspects of directors’ duties.

What are the penalties for breaching a general directors’ duty?

Penalties for breaching directors’ duties can vary and include termination of the Director’s Service Agreement and disqualification under the Company Directors Disqualification Act 1986. For breaching the duty of care, the remedy is damages. Breaching other fiduciary duties can lead to injunctions, transaction reversals, profit accounts, and equitable compensation.

Our solicitors have extensive experience in managing breaches of directors’ duties and advising business owners throughout the East Midlands. We pride ourselves on our personal service, ensuring we are accessible and responsive.

Why choose us?

Our solicitors understand the commercial realities of business decisions. We receive most instructions through word-of-mouth recommendations, highlighting our reputation for providing swift, expert advice on directors’ duties and disqualification.

Smalleys Solicitors provides exceptional Directors’ Duties and Disqualification and Company Law services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.

To receive expert advice and representation regarding Directors’ Duties and Disqualification and Company Law, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.