and Woodhouse A.C. Israel Cocoa Ltd S.A. v. Nigerian Produce Marketing Co. Ltd [1972] A.C. 741. page 129 note 53 Brikom Investments Ltd v. Carr [1979] Q.B. 25 Cf. page 126 note 23 See British Russian Gazette and Trade Outlook Ltd v. Associated Newspapers Ltd [1933] 2 K.B. CONSOLIDATED APPEAL and cross-appeal from a decree of the Court of Appeal (Nov. 13, 1900) varying a decree (May 23, 1899) by the Chief Justice of the Queen's Bench Division of the High Court for Ontario. 254; Bamford v. Bamford [1970] 1 Ch. 515Google Scholar. 69 Re Crenver & Wheal Abraham United Mining Co., ex p. Wilson (1872) L.R.8 Ch.App. 490; Ngurli Ltd. v. McCann (1953) 90 C.L.R. page 145 note 30 Ibid., at pp. page 127 note 30 Limitation of Actions in Equity, pp. 99,403 at pp. Operations Management. There are suggestions in some cases that a remedy in negligence, sounding in damages, lies against any director. 257Google Scholar (beyond company's means). 1064, 106667Google Scholar, where he twice refers to the alleged wrong as a transaction, and speaks of the possibility of the transaction being confirmed by the majority, but not of the release of the wrongdoers from personal liability. An example was the Re cape Breton Co (1885)case. Consequently the profits are made by the director though he may be required either to make restitution after rescission or, if a subsequent court were to acknowledge such a liability, to account for them to the company. ), 1226per Wilberforce, Lord(consent to profit from office)Google Scholar; Winthrop Investments Ltd v. Winns Ltd [1975] 2 N.S.W.L.R. Render date: 2023-04-30T21:04:20.145Z 1064. page 134 note 74 [1985] B.C.L.C. 752; Grimwade v. Mutual Society (1884) 52 L.T. Is it because he once was a trustee in the full technical sense? 9394 per Browne-Wilkinson L.J. The explanation is that the trustees in these early companies were simply in the position of holding trustees, who exercised no discretion but simply did what the directors ordered. Cf. for in that case, although the proceedings were against the directors, they were not for breach of duty to the company qua directors.
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