Breach of Director's Duty in Companies Act 2006
VerifiedAI Summary
This article discusses the breach of director's duty in accordance with the Companies Act 2006. It explores the consequences and remedies for breaching fiduciary duties and the duty of due diligence. The case of John and Sarah exploiting business opportunities without board permission is analyzed. The article also examines the role of articles of association in governing a company and the advantages and disadvantages of bank loans and preference shares.