Do you know your role and responsibility as a Director?
A director of a company, as stated by ASIC, is a person who is responsible for managing the company’s business activities.
ASIC has developed a guide in order for directors to fully understand their roles and responsibilities and the possible implications in cases when the director fails to carry out his duties.
The guide contains information on how to become a company director, what it means to be director of a company, the key responsibilities of a director, the liabilities a director will face when things go wrong and how to resign as a director of a company.
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