The Companies Act 2013 has brought in significant changes, which highlight the protection of the interests of stakeholders and other shareholders. The increased responsibilities assigned to the directors and officers heighten the chance of their being accountable for acts they commit either wrongfully or unintentionally, thereby leading to significant legal costs or other financial burdens. […]
Articles Tagged: D and O insurance
Common D&O Lawsuits and How D&O Insurance Responds?
Building a successful business involves many difficult decisions. These challenging decisions involve many risks. One of which is a litigation risk that can lead to financial distress for directors and officers of the company. That’s why you have to learn about D&O Policy. Common lawsuits against directors and officers (D&O) can include claims of negligence, […]