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Traditionally the courts have applied the no-conflict, no-profit, rules with unyielding strictness ... . Notwithstanding that starting point, the position is not one of unremitting
"Traditionally the courts have applied the no-conflict, no-profit, rules with unyielding strictness ... . Notwithstanding that starting point, the position is not one of unremitting severity ..." (B. Hannigan, Company Law 5th edn, 2018)
Critically assess this statement on directors' duties, including consideration of how this position is reflected in Companies Act 2006.
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