2 ms·
_would be most likely to promote the success of the company for the benefit of its members as a whole,_ In the UK law is basically exactly the same as the Dela
by Marazan 10y ago
_would be most likely to promote the success of the company for the benefit of its members as a whole,_
In the UK law is basically exactly the same as the Delaware law. As long as the directors are acting in good faith they can do pretty much what they like. It is up to the shareholders to show bad faith/gross negligence on behalf of the directors