Director Series 3 CPD Points

Navigating Directorship: Legal Consequences, Responsibilities and Risks in Office (An extended version of the PowerTalk on Being Sued as an INED: Personal Journey)

12 Jul 2024 09:00 AM - 12:00 PM

ICDM Penta Training Room

RM 750.00 (STANDARD)
RM 600.00 (ICDM MEMBER)
PER PERSON (exclusive of 8% SST)

Programme Outline :

‘Navigating Directorship: Legal Consequences, Responsibilities and Risks in Office’ offers a deep dive into the legal landscape surrounding directors' duties and liabilities whilst in office. An extended version after “PowerTalk on Being Sued as an INEDPersonal Journey” based on registrants’ interest in this topic.

First-hand experiences shared by Chithra Ganesalingam, former independent Chairman of Apex Equity Holdings Berhad. Participants will leave session gaining valuable insights into navigating litigation, comprehending legal processes, jargons and hurdles.

The programme will delve into areas of concern for directors on litigation risks, exploring safeguards and risk mitigation solutions including Directors and Officers (D&O) liability insurance.

This programme will feature detailed analysis of directors’ indemnity provisions under the Companies Act 2016 supported by case studies. The session will be jointly conducted with an insurance broker to explain nuances of D&O liability insurance, extent of coverage and claim process.

This programme is the first of its kind introducing “bite size” easy to understand concepts with the ultimate aim of empowering directors, executives and legal professionals knowledge to understand their legal responsibilities. The session will explore:-

  • how the legal responsibilities work in practice;
  • simple methods of safeguarding oneself;
  • suggestions on enhancing governance practices;  
  • mitigating legal risks; and
  • leveraging insurance solutions.
Learning Outcomes :
  • Gain a nuanced understanding of directors' legal responsibilities and liabilities in their office as directors.
  • Easily understood practical strategies for navigating legal responsibilities.
  • Understand the intricacies of Directors and Officers (D&O) liability insurance in mitigating risks.

Speaker:
Ms. Chithra A/P Ganesalingam
Senior Associate, Messrs Wong Lu Peen & Tunku Alina
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