Your Legal Eye:
Do you know that a director of a company in carrying out his duties, a) is required to exhibit such a degree of skill reasonably expected with his knowledge and experience, b) to take care of the company as an ordinary man might be expected to take on his own behalf, and c) must exercise any power vested in him in good faith and in the interest of the company. Dorchester Finance Ltd & Another vrs. Stebbing & Others [1989] BCLC 498.
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