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Duties of directors of DACs

The Law of Companies

Author:
Thomas B Courtney
Publisher:
Bloomsbury Professional
Edition:
Fourth edition
Law Stated At:
30 September 2016
Chapter 30: Designated Activity Companies (a) Directors’ powers must be exercised in furtherance of a DAC’s objects (b) Commercial benefit (c) Gratuitous dispositions (d) Absolving directors’ breaches of duty ...

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