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ACCFIN COMPANY LAW
Guide
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3 OFFICERS OF A COMPANY
3.2 DUTIES AND LIABILITIES OF DIRECTORS
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3.2 DUTIES AND LIABILITIES OF DIRECTORS
Section contents
3.2.1 The common-law duties of Directors
3.2.2 Duty to exercise care and skill and diligence.
3.2.3 Duty to Act in the best interest of a company.
3.2.4 Duty to act within their powers and for a proper purpose.
3.2.5 Duty to exercise independent judgement
3.2.6 Duty to avoid conflict of interest
3.2.7 Corporate opportunity and no-profit rules
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