Director
A person appointed to manage or help manage the business and affairs of a company under the Companies Act framework.
Definition
A director's role can involve governance, resolutions, authority to sign, statutory duties, conflicts, company records, financial oversight, employment decisions, business rescue duties, and liability risk. The documents to check include CIPC records, resolutions, MOI, shareholder agreements, contracts, and board minutes.
Key takeaways
A person appointed to manage or help manage the business and affairs of a company under the Companies Act framework.
Corporate Law
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Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Director dispute
Signing authority
Company governance
Related resources
Resources and guides
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Corporate LawFAQs
Director FAQs
What does Director mean?
A person appointed to manage or help manage the business and affairs of a company under the Companies Act framework.
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