Checklist · Directors, Governance & Board Advisory
Director Liability & Board Risk Audit
A board-level self-audit across eleven exposure areas - personal assets, shadow directorship, independent director oversight, insolvency triggers, related-party dealings, ESG, exits, founder disputes, dawn raids and AI governance.
14 pages
What this covers
Eleven areas of director exposure. Each opens with the question a director should be able to answer without reaching for a file, and closes with the evidence that proves the answer.
How to use it
Mark each item Yes, No or Not Applicable. For every "No", assign an owner, a remediation action, the evidence required and a target date. Preserve the completed audit with the board and committee papers. It is a triage tool for the board, not legal advice on a particular matter.
Inside
- Personal assets at stake - Section 179 recovery, guarantees, MBP-1 discipline, GST exposure, D&O cover
- Shadow directorship and officer-in-default mapping, dissent and resignation trails
- Independent director oversight - query logs, information quality, financial integrity, DPDP oversight
- Insolvency triggers - early warning, Section 66(2), preferential and undervalued transactions
- Related-party dealings and insider information controls
- ESG and value-chain readiness, including greenwashing review
- M&A and exit diligence - cap-table, Press Note 3, FEMA, IP chain of title
- Founder dispute protocol and deadlock breakers
- Search and seizure emergency checklist
- AI, synthetic content and data governance
- Immediate remediation priorities, in order
The full audit is available to download below. It is marked for internal discussion and circulated on request.
Downloads