Directors are employee of a company in nature. Directors owe duty to the company as a whole (not to a single shareholder). The power of directors are govern by Company Ordinance and Memerandum & Articles. Generally speaking, as long as directors are acting in good faith, directors do not have to take up any liability of the company.
Therefore, it is common to have Board of Directors (forming by all directors) detaiing and supervising the duty and responsibility of each director.
Therefore, it is common to have Board of Directors (forming by all directors) detaiing and supervising the duty and responsibility of each director.