Are company directors still liable after they leave the company?

Yes, they are.

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Directors can be held personally liable for the following, even after leaving the company:

1. Fraud
2. Corporate debts incurred if the directors continued to allow the business to run, knowing that the business was already insolvent
3. Corporate debts incurred if the directors mixed business assets with personal assets
4. Failure to declare personal interests in the company's transactions
5. Engaging in acts with conflict of interest
6. Negligence while serving as a director, such as not exercising due diligence in supervising mangement
7. Misrepresentations, such as providing misleading statements about the company's financial health to shareholders

Here's a complete guide on personal liabilities of company directors in SG: https://www.providecover.com/top-5-personal-lia...

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Directors should carry Directors and Officers (D&O) Liability Insurance to protect themselves from lawsuits, even after they leave their office.

I think it depends on the contract but if there is a lawsuit involved, the person who is director at the time of the incident could still be liable on a civil front.