shadow director

shadow director
A person in accordance with whose instructions the directors of a company are accustomed to act although that person has not been appointed as a director. A shadow director influences the running of the company and some provisions of the Companies Acts, including wrongful trading and the regulation of loans to directors, relating to directors also extend to shadow directors.

Big dictionary of business and management. 2014.

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  • shadow director — Under section 741 of the Companies Act 1985, a person in accordance with whose directions or instructions the directors of the company are accustomed to act. He must do more than act in a professional capacity. Easyform Glossary of Law Terms. UK… …   Law dictionary

  • shadow director — UK US noun [C] MANAGEMENT ► a person who controls a company but is not officially named as a director: »While acting as a shadow director is not illegal, it often indicates that there may be irregularities in the person s tax return …   Financial and business terms

  • shadow director — A person in accordance with whose instructions the directors of a company are accustomed to act although that person has not been appointed as a director. A shadow director influences the running of the company and some provisions of the… …   Accounting dictionary

  • shadow director — /ˌʃredəυ daɪ rektə/ noun a person who is not a director of a company, but who tells the directors of the company how to act …   Dictionary of banking and finance

  • director — See: Board of Directors. Bloomberg Financial Dictionary * * * director di‧rec‧tor [dˈrektə, daɪ ǁ ər] also ˌcompany diˈrector noun [countable] 1. JOBS one of the committee of top managers who control a company: • The board of directors are… …   Financial and business terms

  • director — A person appointed to carry out the day to day management of a company. A public company must have at least two directors, a private company at least one. The directors of a company, collectively known as the board of directors, usually act… …   Accounting dictionary

  • director — A person appointed to carry out the day to day management of a company. A public company must have at least two directors, a private company at least one. The directors of a company, collectively known as the board of directors, usually act… …   Big dictionary of business and management

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  • Shadow Complex — Desarrolladora(s) Chair Entertainment, Epic Games Distribuidora(s) Microsoft Game Studios Motor Unreal Engine 3 Pla …   Wikipedia Español

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