Director’s Duties – Duty of care and skill
Directors have historically been subject to duties under company law. A director must exercise care and skill that can reasonably be expected of them. In Jurong Readymix Concrete Pte Ltd v Kaki Bukit Industrial Park Pte Ltd [2000] 4 SLR 723 the Court held that “A diligent director would be expected to seek the advice […]
Directors – Dealing with Conflicts of Interest #1
The reality is that with the world being so small, and networks being so important, most directors are going to face situations where there may be a conflict of interests. What could entail such situations? – Where a director stands to gain personally from information from the company or opportunities which they come into […]
