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To What Extent Do Peter And Jane Have The Duties Of Director

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Introduction As a shadow director, under common law, statute law and fiduciary duties, Peter and Jan should be liable to IPO Insurance Ltd. These responsibilities include duties to act in good faith, to act for a proper purpose to meet best interests of the company, and to avoid conflicts of interest. Does Peter and Jane have the duties of director? First of all, the definition of a director should be confirmed before talking about the duties of director. In Section 9 of the corporations, director can be defined as a person who in accordance with whose instruction the board is accustomed to acting, that is, a shadow director. In Standard Chartered Bank of International Ltd v Antico (1995) 38 NSWLR 290 , the court found that Pioneer was a
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