Introduction
Under the general law, directors have duties that are based on the relationship they have with the organization. This is a special relationship based on trust; a relationship akin to being the trustee of someone else’s money, and for this reason, directors’ duties are sometimes called ‘fiduciary duties.
Directors’ duties are usually also set out under statute, though the way this is done will depend on how the organization is incorporated.
Duration
5 Days
Who Should Attend
Board of directors
Course Level:
Objectives of the Course
- To understand fully the roles and responsibilities of a director
Course Outline
What does a board actually do?
- The role of the board
- The Senior Managers Regime
- How are directors appointed
- What are the key qualities of an effective Director
- What is the precise role of an executive Director
- What is the precise role of a non-executive Director
- What are the responsibilities of a Director
- What are the responsibilities of a non-executive Director
- How are these roles and responsibilities carried out effectively
- Who holds the board to account
- Who actually runs the business
- How can non-executives challenge the business
- Measuring board effectiveness
- Recovery and resolution planning
- Active and passive directors’ responsibilities
- Transactions with directors:
- Substantial property transactions
- Loans
- Service contracts
- Dealing with conflicts
- The range of other responsibilities attached to directors, for example
- Company Accounts
- Health & Safety
- Employment Law
- Competition Law
- Fraud
- bribery
- What shareholders can do to hold directors to account
- Possible reliefs and protections for directors
What happens when things go wrong
- How does the board spot this
- What are the signs of things going wrong
- An analysis of what constitutes “Unfit” conduct
- Practice and Procedure in the disqualification arena
- Likely length of disqualification
- Exceptions
- The Insolvency Service approach to enforcement
- Consequences of Disqualification Orders or Undertakings
- Wrongful trading:
- What needs to be proven
- Misfeasance and other breaches of duty
- Tips and tactics on how to prevent liability
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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