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Important Duties of a Director

1. Promoting the success of the company
Everything that a director does for the company should be done in good faith. All transactions that they undertake for the company should be in the best interest of the company.
Success of the company can be seen as financial success or success in serving other stakeholders well. Other stakeholders may include HMRC, The community, Creditors, Customers.
This is a fundamental duty specified in the Companies Act 2006

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