Proactive Risk Management for Directors
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While a nominee director's role is non-executive, they still hold a fiduciary duty to the company. It is crucial to identify and mitigate any potential conflicts of interest or liability risks from the outset. Our expert legal team provides comprehensive risk assessment services to ensure that the relationship between the company and the nominee director is transparent, compliant, and secure for all parties involved.
We conduct a thorough assessment to identify any potential financial, familial, or business conflicts of interest that the nominee director may have and advise on mitigation strategies.
Our team can provide formal legal opinions on the extent of a nominee director's liability in specific scenarios, such as cases of wrongful acts, negligence, or breach of duty by the company's management.
We go beyond standard templates to draft customized indemnity clauses in the director agreement that are tailored to your business activities and provide robust protection.
We advise on the necessity and scope of Directors and Officers (D&O) liability insurance, helping you secure the right coverage to protect both your company and its directors.
A proactive approach to risk management protects your business from potential legal disputes, financial losses, and reputational damage. By clearly defining liabilities and protections upfront, you create a stable and secure governance environment, which is essential for long-term success in the Indian market.
Let our legal experts conduct a thorough risk assessment for your directorship needs.
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