Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q.2.Datacon plc specializes in IT installations for the retail trade. Tariq, a director of Datacon plc, was approached in a private capacity as a well-known

Q.2.Datacon plc specializes in IT installations for the retail trade. Tariq, a director of Datacon plc, was approached in a private capacity as a well-known expert in the field and invited to join the board of Input Ltd, whose business mirrors to a certain extent Datacon plc's business. Tariq accepted an invitation to be a director while remaining on the board of Datacon plc and acted as a consultant and adviser. Having developed a rival system to Datacon plc, Input Ltd organized a public launch of the new product. For the launch, Tariq contacted several of Datacon plc's clients. The launch led to the signing up of several major clients, including some clients of Datacon plc.

With Regard to Company Law,

  • Advise the board of Datacon plc of any breaches of duty committed by Tariq, and any remedies available against him.
  • Would your answer be different if he had resigned his directorship of Datacon plc when he joined the board of Input Ltd?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Management

Authors: Ricky Griffin

10th Edition

9780357517345

Students also viewed these Law questions