WATCH: What does the law say about a director’s liability?
Santam’s panel discussion addresses liability that directors and officers may face from contravening the provisions of the Companies Act
14 August 2018 - 13:06
The Companies Act stipulates that any director who contravenes the provisions of the Act may be held liable for loss or damage suffered by another party as a result of that contravention. In the spate of recent corporate scandals the matter of director’s liability has come to the fore. In this video, Santam experts address a few tough questions: What does the law say about a director’s liability? When are directors liable? Is there a difference between fraud and negligence? How easy is it to sue? Is there protection available against such liability?
This article was paid for by Santam...
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