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In smith and fawcett ltd Re ( 1942) ch 304, CA . It was held thatthe directors were required to act bona fide in what

In smith and fawcett ltd Re ( 1942) ch 304, CA . It was held thatthe directors were required to act bona fide in what they consider, not what a court may consider , is in the interests of the company and not for any collateral purpose. Discuss this statement in light of the duties of directors.

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