The Shifting of the Duties of Company Directors Under the Companies Act 2006: Superficial or a Significant Change in the Law
African Journal of Law and Criminology, Vol. 1, No. 1, pp. 1-12, 2011
12 Pages Posted: 5 Feb 2011 Last revised: 2 Aug 2011
Date Written: February 4, 2011
This paper critically assesses whether the enactment of the Companies Act 2006 in England makes a real difference to the duties of company directors. By deducing evidence of court rulings in several cases, the paper suggests that the Companies Act 2006 was necessary to safeguard the governing documents of companies. The paper however, rejects the notion that the Act provides new ways of dealing with company directors in that it simply merged various pre-existing laws and also codified the common law rule of duty of care.
Keywords: English Law, Company Law, Company Directors, Common Law
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