Directors' duties in the United Kingdom
http://dbpedia.org/resource/Directors'_duties_in_the_United_Kingdom
Directors' duties in the United Kingdom bind anybody who is formally appointed to the board of directors of a UK company.
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Directors' duties in the United Kingdom
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I do not think it is necessary, but it appears to me very important, that we should concur in laying down again and again the general principle that in this Court no agent in the course of his agency, in the matter of his agency, can be allowed to make any profit without the knowledge and consent of his principal; that that rule is an inflexible rule, and must be applied inexorably by this Court, which is not entitled, in my judgment, to receive evidence, or suggestion, or argument as to whether the principal did or did not suffer any injury in fact by reason of the dealing of the agent; for the safety of mankind requires that no agent shall be able to put his principal to the danger of such an inquiry as that.
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James LJ, Parker v McKenna LR 10 Ch App 96, 124-125
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Directors' duties in the United Kingdom bind anybody who is formally appointed to the board of directors of a UK company.
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16913
