A shadow director must exercise his powers for the proper purpose.
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Get it written →Which of the following statements are correct? Mark all that are correct.
A shadow director must exercise his powers for the proper purpose.
An alternate director is obliged to act honestly in the discharge of the duties of his office at all times.
A nominee director owes his primary duty to the company on whose board he sits and not to the person who appoints him.
A person who controls the board of directors is considered to be a fiduciary of the company.
All directors are obliged to display a reasonable degree of skill in the discharge of the duties of their office.
Note: With context of Singapore Law, with regards to Company Law.
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