Overview
This two-hour webinar will provide you with a detailed update on the requirements, roles, rights and responsibilities of directors under the Companies Act, 2008. With so many complex rules and regulations governing directors, you simply cannot afford not to attend. If you are a director of a company or an accountant advising clients who are directors, it is imperative that you understand the full extent of directors’ duties and obligations.
Content
- What is a Director and who can be appointed as one?
- Director requirements and qualifications
- The various types of directors/the legal status of a director /prescribed officers
- The legal requirements for the appointment
- Director behaviour / Fiduciary duties in good faith
- General duties and standards upon a director’s appointment
- Conflicts of interest within other companies/insider trading
- Liability of directors/distribution of damages/indemnifications
- Day-to-day mechanism of the board of directors
- Shareholders communication
- General meetings/board meetings
- Composition and roles of the board and requirements for directors’ meetings (quorum)
- The board of directors: powers and remuneration
- Reservation of powers and which powers are restricted?
- Contracts, remuneration and the right thereto and performance assessment
- Rotation, resignation and legal requirements for a change in the board of directors
Presenter
Ilana Steyn, Managing Director, Company Partners
Ilana joined Company Partners in 2009 as Company Secretarial Consultant. In a natural progression of her experience over the years, she was appointed Managing Director in April 2016. Company Partners has been providing company registration and start-up services to over 10,000 clients via CIPC, the dti, SARS, DOL and CIDB.
Previously she was the Owner/Consultant at OnlineBusiness, an advertising, marketing and networking company, for just over 12 years. Prior to this she was a PA and Company Secretarial Assistant at Loubser Du Plessis Inc. She has also worked at Moore Stephens, first as a Company Secretarial Assistant then as a Company Secretarial Manager.
CPD
Attending the webinar will accrue 2 hours’ CPD for members of a relevant professional body.