Help me understand please...

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    Help me understand please...

    Hi all , just a quickie. In getting my head round all that is involved as a director, I have read ,a director's duty is to the members ,and also, the duty of directors is towards the company, not the members, ...so which is correct and why ? In nice layman's terms please

    #2
    A Company is owned by its members, their interests should be identical, so you have a duty to both. You have a duty to represent the members who appoint you and may remove you as a director. You also have a duty to ensure that the Company complies with the lease and legislation.

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      #3
      Thank you ...that is what I was working along. It gets a bit confusing at times

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