Acts of directors and how they make companies liable for them
Criminal and civil liability company's incur because of their directors
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The author basically tries to talk about the directors of a company, their status in Nigerian Law, their powers and responsibilities (duties), their relationship with the company and others and why these are important to the company itself. The directors of a company being the operating mind and will of the company not only wield powers to direct the course companies take, but are also, a key determinant in the destiny of such a company. The paper examined various theories, instances and ways in which a company is affected by the action director takes. Finally the paper also examined the exten...
The author basically tries to talk about the directors of a company, their status in Nigerian Law, their powers and responsibilities (duties), their relationship with the company and others and why these are important to the company itself. The directors of a company being the operating mind and will of the company not only wield powers to direct the course companies take, but are also, a key determinant in the destiny of such a company. The paper examined various theories, instances and ways in which a company is affected by the action director takes. Finally the paper also examined the extent to which companies can be held liable for criminal acts of its directors, and how the company itself can be punished for it, the paper also gives a Synopsis on corporate criminal jurisprudence.
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