Directors’ duty to act in the interests of creditors under section 172 of the Companies Act 2006

Walton, Peter2019-07-252019-07-252019-06-11Walton, P. (2019) Directors’ duty to act in the interests of creditors under section 172 of the Companies Act 2006 – Aussie Rules Gone Walkabout, Wolverhampton Law Journal, 2, pp. 47-54.2517-8121http://hdl.handle.net/2436/622594Sections 171 to 177 of the Companies Act 2006 (“the Act”) codified the duties owed by directors to their companies in equity and at common law. Section 170(4) of the Act states that the codified duties: “shall be interpreted and applied in the same way as common law rules or equitable principles, and regard shall be had to the corresponding common law rules and equitable principles in interpreting and applying the general duties.”application/PDFenDirectors' Duties in insolvencyDirectors’ duty to act in the interests of creditors under section 172 of the Companies Act 2006 – Aussie Rules Gone WalkaboutJournal articleWolverhampton Law Journal2019-07-22