Kent Solicitors

They must take an active role in the company, else may be held to be in breach of duty.

When an executive director stole many millions and carried out transactions with connected parties, the company sued 2 non-executive directors.

It was held that they should have quizzed him on the deals, all the most so because they knew of his past fraudulent activities

Michael Breeze (Solicitor, Partner) m: 07 900 195 195 e: mdb@kaslers.co.uk skype: michael.breeze.kaslers

Labels: Fraud non-executive director