The DTI has issued a 16 page guidance note on Directors' Duties under the Companies Act 2006.
Of interest to any director of a private limited company no matter the size they are available for viewing here:
http://www.dti.gov.uk/files/file40139.pdf
The Act to a large degree is a codification of existing common law duties already owed with the exception of S172 which is new and radical concerning a duty owed to the wider community at large beyond the narrow scope of traditional shareholder concern.
