Under the case law directors' obligations include: complying with the
company's constitution, running the business for the benefit of the
company - usually this means its shareholders but this, too is open to
interpretation, maintaining independent judgement, avoiding profiting
personally from their position and conflicts of interest, applying
reasonable care and skill.
Monday, February 10, 2014
What's a Director?
Categories:Under the case law directors' obligations include: complying with the
company's constitution, running the business for the benefit of the
company - usually this means its shareholders but this, too is open to
interpretation, maintaining independent judgement, avoiding profiting
personally from their position and conflicts of interest, applying
reasonable care and skill.
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