The loyalty's umbrella (the fiduciary core of 1.16): the subjective good faith (the honest-belief test) + the company's-interest objectivity (the proper-purpose-and-beneficiary test — Re Smith &Fawcett's formula: the directors must exercise their powers "bona fide in what they consider —not what a court may consider — is in the interests of the company" — the honesty's deference without the abuse's licence); the loyalty's faces: the conflicts' avoidance (1.15), the benefits' refusal (1.17), the information's candour (the disclosure to the board itself), the secrecy's duty (the inside information's guard — Securities Law's insider interface (LAW5409 U5)).
1.11 Directors' Various Duties of Good Faith and Loyalty
यो उत्तर युनिट १ मा छ — पूरै निःशुल्क।
यही युनिटका अरू उत्तर
- 1.1 Concept and Distribution of Corporate Powers निःशुल्क
- Explain the concept and distribution of corporate powers among the general meeting, board and officers. निःशुल्क
- Discuss the directors' duties of skill, care and diligence with the standard's evolution. निःशुल्क
- Explain the duty to promote the company's success with the Dodge vs. निःशुल्क
नोट AI-सहयोगमा बनेका हुन्; मुद्दाको नाम, मिति र धारा पाठ्यपुस्तक र नेपाल कानून पत्रिकासँग आफै जाँच्नुहोस्।