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Director disqualification and non-executive directors
The general rule is that non-executive directors who fail to take part in the management of the affairs of the company can also be director disqualified for unfitness. A non-executive director, as any other conventional director, can be disqualified for incompetence or any other finding of unfitness.
- as a rule of thumb, non-executive directors in larger organisations are likely to be at less risk than those attached to smaller organisations;
- in larger organisations, non-executive directors are invited to attend board meetings and receive regular (and often better prepared) management information;
- however, there is still a duty on the non-executive director to ensure that the information before him at a board meeting is accurate and that directors act properly in determining how to deal with any issues which may give cause for concern.
Our expert team of director disqualification solicitors at Francis Wilks & Jones are here to help you with any type of enquiry. Contact one of our expert friendly director disqualification lawyers now for your confidential consultation. Whatever your director disqualification requirements, we can assist.