1.company secretaries need to take immediate action to ensure that they and their boards fully appreciate how the new law will affect them.2.directors may face disqualification for up to five years where they have been personally involved with offending conduct by directly approving it, or not taking reasonable steps to prevent its occurrence.3.company secretaries, where they are officers of the company who are deemed to be accessories to the offending conduct, may also be liable.
展开▼
