Waleed is a director of Puzzlefun Pty Ltd, a board game production company. Chatting with his friend Chenglei, Waleed discovered that Chenglei had developed a fantastic concept for a new board game. Waleed and Chenglei set up a new company with themselves as directors and shareholders. Waleed did not tell his other directors at Puzzlefun. Waleed and Chenglei are now producing and distributing the new board game. Waleed remains a director of Puzzlefun. Required: Advise Waleed about his legal duties as a director of Puzzlefun and identify and explain any breaches of the general law duties.

please refer to cases. subject is corporate law