Why do directors act bonafide ?

  1. profile image47
    wah.kasposted 6 years ago

    Why do directors  act bonafide
    ?

    do courts respect bonafide decitions of directors?

  2. onlinelawyer profile image60
    onlinelawyerposted 6 years ago

    There is a legal obligation on directors to act bona fide in the best interests of their company as a whole.  This legal obligation comes from the common law.

 
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