Directors' powers and duties
By: Peter Watts
Publisher: LexisNexis
Published: 2009
Place of publication: Wellington [N.Z.]
Language: eng
Number of pages: 388
ISBN-13: 9781877511233
Subjects: Directors of corporations; Legal status, laws; Corporation law
Description: Directors' powers and duties provides lawyers, practising and aspiring, with a detailed treatment of the New Zealand law relating to directors' powers and duties, one of the most important and complex aspects of company law.
Notes: Includes bibliographical references and index.
Table of contents: title: Preface; title: 1. Scope of the book; title: 2. Definitions and status; title: 3. The division of powers between directors and shareholders; title: 4. The mechanics of the exercise of directorial power; title: 5. Directors' duties: sources and beneficiaries; title: 6. Duty to act in the best interests of the company; title: 7. Liability for profiting; title: 8. Conflicts of interest; title: 9. The duties of care, diligence and skill, and of compliance with the Act and Constitution; title: 10. Insolvency and directors' duties; title: 11. Duties owed to shareholders and the duty to act for a proper purpose; title: 12. Ratification of directors' breaches of duty; title: 13. Directors' liability to third parties in tort, contract and equity.