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Which of the following statements are correct ? Mark all that are correct . A shadow director must exercise his powers for the proper purpose.
Which of the following statements are correct? Mark all that are correct.
- A shadow director must exercise his powers for the proper purpose.
- An alternate director is obliged to act honestly in the discharge of the duties of his office at all times.
- A nominee director owes his primary duty to the company on whose board he sits and not to the person who appoints him.
- A person who controls the board of directors is considered to be a fiduciary of the company.
- All directors are obliged to display a reasonable degree of skill in the discharge of the duties of their office.
Note: With context of Singapore Law, with regards to Company Law.
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