In this report we:
- review Part X of the Companies Act 1985, with a view to considering how the provisions can be simplified and modernised, and
- consider the case for a statutory statement of the duties owed by directors to their company under the general law, including their fiduciary duties and their duty of care.
This report concludes our project on: Company Directors
A joint report with the Scottish Law Commission
Reference number: LC261/SLC173