What are my duties as a director?
The core duties under the Companies Act 2016: act in good faith in the company's best interest, exercise reasonable care, skill and diligence (Section 213), avoid conflicts of interest and improper use of position or information, and ensure the company meets its statutory obligations. Breach carries personal liability — fines, disqualification, and in serious cases imprisonment.
Statutory figures: Companies Act 2016 s.213–218
Also asked as: director responsibilities CA2016; fiduciary duty malaysia; tanggungjawab pengarah; director legal obligations.
Every incorporation with us includes a plain-English directors' duties memo — one page, not a statute lecture — because most first-time directors have never been told what they signed up for.
Key facts
- Good faith + care/skill/diligence — s.213
- Conflict and proper-purpose rules
- Personal liability for breach
WhatsApp +60 10-383 5988 (licensed secretary replies the same working day) or walk in at J-3A-15, Solaris Mont Kiara.