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Explain Below mentioned things related to Directors duty according to company law: (Please summarize/rewrite the explanation of the principal and relevant cases --> No need
Explain Below mentioned things related to Directors duty according to company law: (Please summarize/rewrite the explanation of the principal and relevant cases --> No need to explain the judgement and held related to the cases just the principles are enough)
(i)Fiduciary duty
- Duty to avoid conflicts of interest
- Self-Interested transactions
- Misuse of company Information
- corporate opportunities
(ii)Duty of care
- delegation and reliance
- Duty to avoid reckless trading
- Negligence
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