“Where two parties have made a contract which one of them has broken the damage which the other party ought to receive in respect of such breach of contract should be either such as may fairly and reasonably be considered arising naturally i.e. according to the usual course of things from. such breach of contract itself or such as may reasonably be supposed to have been in the contemplation of the parties at the time they made the contract as the probable result of breach of it”. In which case the principle was down so:
Explanation & Strategy
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Under the Companies Act, directors owe fiduciary duties: act in good faith, avoid conflicts of interest, not make secret profits, exercise care and diligence. They are agents and trustees of the company.