WebThe second core duty of directors, in situations where they do not have a conflict of interest, is the duty of care -- the duty to pay attention and to try to make good decisions. I often encounter surprise about how little the duty of care requires the directors to do. They do not have to make sensible decisions. WebTypically, directors are responsible for developing and overseeing strategies to achieve the aims of the PBC and manage governance risks. The directors are responsible to the PBC members and common law native title holders. The CATSI Act (s 243-1 and 243-5) states that PBCs will have between three and twelve directors.
Dr. Athar Ahmed - Regional Director General (Pakistan) - LinkedIn
WebLegal duties of boards, committees and office holders The law recognises that directors and committee members, as well as some office holders in not-for-profit organisations, make important decisions about an organisation’s strategic direction and activities. WebDivision 246 of the CATSI Act (s246-25) states that the term of a director of an Aboriginal or Torres Strait Islander corporation must not exceed a period of 2 years. This is an exemptible set law and PBCs can apply to ORIC for an exemption if … list of snakes by common name
ORIC University of the Punjab, Lahore organized an awareness …
WebMay 4, 2015 · Genna Wood. This post, the first of a series on directors’ duties, highlights six key concepts with which directors of Canadian business corporations should be familiar: Duty to manage; Fiduciary duty; Duty of care; Business judgment; Conflict of interest; and. Oppression. Having established this foundation, we will look in future posts at ... WebAs a director or officeholder, your key duties include: being honest and careful in all your dealings understanding what your company is doing making sure your company can pay its debts on time ensuring your company keeps proper financial records acting in the company's best interests, even if this conflicts with your personal interests WebMar 17, 2024 · 1. Responsibilities of Research Focal Persons (RFP). 2. Identification of key areas of research in your department. 3. Monitoring R&D activities and research products/ projects in your department. 4. Research grants (HEC/PU/other funding source) data. Acting Vice Chancellor Prof. Dr. Shahid Kamal chaired this session list of smurfs episodes