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The duty of disclosure by directors of their interests in company contracts

In this examination of the disclosure required of directors when they hold interests in company contracts it is necessary to briefly refer to the general duties to which directors are ordinarily subject. Parsons, dealing with the director's duty of good faith, argues that the director is a fiduciary...

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Main Author: Mallach, Saville Aaron
Other Authors: Blackman, M S
Format: Thesis
Language:English
Published: Not Specified 2024
Subjects:
Law
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access_status_str Open Access
author Mallach, Saville Aaron
author2 Blackman, M S
author_browse Blackman, M S
Mallach, Saville Aaron
author_facet Blackman, M S
Mallach, Saville Aaron
author_sort Mallach, Saville Aaron
collection Thesis
description In this examination of the disclosure required of directors when they hold interests in company contracts it is necessary to briefly refer to the general duties to which directors are ordinarily subject. Parsons, dealing with the director's duty of good faith, argues that the director is a fiduciary and as such must act in good faith viz-a-viz the company of which he is a director. He formulates the principles which make up such duty of good faith as follows: I. II. "A director must not place himself or allow himself to be placed in a situation in which he has an interest or duty which conflicts with his duty to act bona fide for the benefit of the company of which he is a director", and "A director must act bona fide for the benefit of the company of which he is a director."
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:03.909Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher Not Specified
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/40579 The duty of disclosure by directors of their interests in company contracts Mallach, Saville Aaron Blackman, M S Law In this examination of the disclosure required of directors when they hold interests in company contracts it is necessary to briefly refer to the general duties to which directors are ordinarily subject. Parsons, dealing with the director's duty of good faith, argues that the director is a fiduciary and as such must act in good faith viz-a-viz the company of which he is a director. He formulates the principles which make up such duty of good faith as follows: I. II. "A director must not place himself or allow himself to be placed in a situation in which he has an interest or duty which conflicts with his duty to act bona fide for the benefit of the company of which he is a director", and "A director must act bona fide for the benefit of the company of which he is a director." 2024-10-17T12:07:57Z 2024-10-17T12:07:57Z 1993 2024-07-12T12:19:09Z Thesis / Dissertation Masters LLM http://hdl.handle.net/11427/40579 eng application/pdf Not Specified Not Specified
spellingShingle Law
Mallach, Saville Aaron
The duty of disclosure by directors of their interests in company contracts
thesis_degree_str Master's
title The duty of disclosure by directors of their interests in company contracts
title_full The duty of disclosure by directors of their interests in company contracts
title_fullStr The duty of disclosure by directors of their interests in company contracts
title_full_unstemmed The duty of disclosure by directors of their interests in company contracts
title_short The duty of disclosure by directors of their interests in company contracts
title_sort duty of disclosure by directors of their interests in company contracts
topic Law
url http://hdl.handle.net/11427/40579
work_keys_str_mv AT mallachsavilleaaron thedutyofdisclosurebydirectorsoftheirinterestsincompanycontracts
AT mallachsavilleaaron dutyofdisclosurebydirectorsoftheirinterestsincompanycontracts