Briefly about DirecThor
DirecThor is a freemium service that facilitates your audit responsibility regarding the company’s management, more specifically the company’s responsibility to keep a correct share register in accordance with the Companies Act’s requirements.
DirecThor gives you, as a board member, automatic access to all limited liability companies that you represent. In this way, you can easily find what you need in logged-in mode.
Instead of a variety of difficult-to-interpret formats, you will find share ledgers in a standardized easy-to-understand format. All changes are traceable, and you know that there is only ONE digital share ledger. Share ledgers kept in Word or Excel often tend to either disappear or are available in many different versions!
Why is it so important for the board members to check that the share ledger is correct?
The information in the share ledger is primarily the basis for:
- Shareholders’ opportunities to exercise their administrative rights (voting rights), and
- The assessment of the ownership in the company.
If the board knowingly or unknowingly neglects its responsibility to keep, preserve and keep the share ledger available, this entails criminal liability, and the board may also be liable for damages. The sanction provisions must be seen in the light of the fact that it is important for a shareholder to be entered in the share register
In the basic version, DirecThor is a freemium service, which becomes increasingly valuable to you the more of your companies that have digital share ledgers. Are you a board member? Feel free to try the service today!