Roles & Duties of a Company Director

Simon Cathro

A Company Director is someone elected or appointed to manage a company's business and affairs.

A Company Director is someone elected or appointed to manage a company’s business and affairs.

This video outlines the roles and responsibilities of a Company Director.

In this video, you will discover the following key points:

Who is a Company Director?
What are the duties of Company Director?
General duties of Company Director.
Directors’ duties – Insolvent Trading.
Director Penalty Notice – What action should be taken by a Company Director he/she receives this notice?
What is Lock-down DPN & Non Lock-down DPN?
Director’s duties in assisting the External Administrator.
Benefits of Deed of Company Agreement.

Meet Chris Bergin – New Principal at Cathro & Partners, Melbourne

We’re pleased to welcome Chris Bergin to Cathro & Partners. Joining the team in February 2025, Chris brings with him 18 years of experience across a broad spectrum of corporate and personal insolvency matters. His background includes work in voluntary administration, receiverships, liquidations, safe harbour advisory, and complex restructuring assignments.

Understanding Section 588FP of the Australian Corporations Act 2001: Security Interests in Favor of Company Officers

Section 588FP of the Corporations Act 2001 (Cth) addresses the validity of security interests granted by a company to certain related parties, particularly its officers. This provision is designed to prevent company officers from securing personal advantages over other creditors, especially in the period leading up to an external administration.

Insights into Invalid Insolvency Appointments and Appointees Remuneration

When a business faces insolvency, one of the most overlooked yet critical aspects is ensuring that administrators and receivers are legally and correctly appointed. In this episode of The Cut, expert insolvency lawyer Nick Christiansen from Sparke Helmore joins the conversation with host Simon Cathro, to break down valid vs.