Shareholder v Director Jan 24
A short, CPD-accredited course focused on Shareholder v Director differences in England & Wales
Shareholder v Director
Lesson Objectives summary
Summary of chapter
Separate roles
One person, two hats
No limits...
Lesson Objectives Summary
Summary of chapter
They are also known as 'Members’
They own a proportion of the company
What does holding a share entitle you to?
They make occasional (not day-to-day) decisions
They must operate under two key sets of rules
They are not always humans
Their liability is limited
Lesson Objectives Summary
Summary of key role and powers of a Director
They run the company for the shareholders
They have many legal duties
Being a Director entails holding huge responsibility
They manage everything unless restricted by the Articles
They must not be barred from acting as a Director
Which may include
They must be over 16 years of age
Lesson Objectives Summary
What is a Shareholder's Agreement?
What is in in general terms?
Do I need one?
How do they work?
A worked example
Wouldn't it be easier to change the Articles?
Agreement benefits
Lesson Objectives Summary
Summary of chapter
Shareholder approval needed
Disagreements do happen
It’s not always easy for shareholders to override decisions
For example
Relationship good practices
Helping you become a better Director, Trustee and board member