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Companies Act 2006 and The Directors’ Duties

Overview

Question is :

Critically discuss the extent to which the Companies Act 2006 has reformed Directors` Duties. Additionally, identify what you believe to be the most significant reform to Directors’ Duties as a result of the Act and explain your reasoning.

(FILE IS TO HELP U )

Structure needed:

1. introduction ( overview about the subject - analysis ideas or the connection - theses) (500 word)

2. body FOR EACH SECTION IN COMPANY ACT ( INTRODUES and CRITICISE and EXPLAIN WHAT MAKES EACH OF THESE SECTION IS A significant reform to Directors’ Duties) + (BACK UP YOUR IDEAS BY CASES AND ARTICALS)(1500 word)

3. conclusion ( Summaries all the ideas)(500 word)

Suggested references that have to be in the essay:

1. Cases: Directors` Duties

Howard Smith Ltd v Ampol Petroleum [1974] AC 821 PC

Extrasure Travel Insurance Ltd v Scattergood[2003] 1 BCLC 598

Criterion Properties Plc v Stratford UK Properties LLC [2006] 1 BCLC 729)

Regentcrest Plc v Cohen [2001] 2 BCLC 80

Gaiman v National Assn for Mental Health [1970] 2 All ER362

Stobart Group Limited v Tinkler ([2019] EWHC 258)

Re Barings Plc (No 5) [1999] 1 BCLC 433

Re Queens, Moat Houses Plc, Secretary of State for Trade and Industry v Bairstow (No 2) [2005] 1 BCLC 136

Re Brian D Pierson (Contractors) Ltd [1999] BCC 29

Bhullar v Bhullar [2003] EWCA Civ 424

Cook v Deeks [1916] 1 AC 554

Foster Bryant Surveying Ltd v Bryant [2007] 2 BCLC 239

BTI 2014 LLC v Sequana SA and ors [2022] UKSC 25

reading:

Andrew Keay, ‘Good faith and directors' duty to promote the success of their company,’ (2011) 32 Comp Law. P138

Company Law by Dignam and Lowry, 12th Ed., Ch 14 (Directors` Duties) OR Unlocking Company Law by Susan McLaughlin Chs 11-12 (Directors` Duties)

Important Notes:

1.Legal Issues

All relevant legal issues identified

2.Engagement with the Question

Full and focused engagement with the question

3.Knowledge and Understanding

Excellent knowledge and understanding of relevant legal principles including the most complex issues

4.Grasp of doctrinal / policy problems

Excellent grasp of relevant doctrinal / policy problems

5.Use of Materials

Fluent use of relevant and appropriate primary materials

6.Structure

Clear and compelling structure

7.Conclusions

Clear and compelling conclusions

8.Referencing

Clear and thorough referencing throughout

9.Standard of English

Excellent standard of English appropriate to complex / specialist legal matters

10.Presentation

Excellent presentation

11.Independent Research

Evidence of considerable independent research as well as core materials

12.Secondary Sources

Excellent incorporation of secondary sources into analysis

13.Ability to recognise and evaluate inconsistencies of legal argumentation

Excellent ability to recognise and evaluate inconsistencies of legal argumentation / to rank possible outcomes / to formulate some personal perspectives (where appropriate)