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Companies Act 2014: Directors - Duties of a Director

Director Factsheets

This Director Factsheet is courtesy of McCann FitzGerald

The Companies Act 2014 (the “Act”) came into effect on 1 June 2015. The Act introduced significant reforms in company law in Ireland. The Act re-enacts much of the previous law concerning directors’ duties but with some important changes. This briefing provides an overview of the principal Act-related changes that are likely to be relevant to a director of a company in Ireland when assessing his or her duties.

Please note this briefing was drafted when the Companies Act came into effect in 2015, and was revised in September 2020. It does not cover the Covid-19 temporary changes in company law, please view this factsheet for information on these changes: COVID19: New Changes to Company Law.