28 August 2020

Legal Briefing: Does the board of directors have the authority to bind the Company?


A Company is a separate legal entity distinct from its members with legal but no physical existence. It exists though its Directors who are acting in their capacity as agents of the Company.

It is a general rule that the Directors must act in good faith and in the best interests of the company. A duty of care in common law exists which includes a duty not to act negligently in managing the affairs of the company. Read more.

Latest News

Legal Briefing: EU Cross-border Mergers (Cyprus Law)

2024 Update: Cyprus Shipping changes in the Tonnage Tax System

Legal 500 Cyprus Rankings 2024: Ranked but restless

Subscribe to our newsletter

Receive the latest news and events of our group as well as important industry updates.