Understanding this principle is easy for you to determine that there are many lush parties with clearly disputed interests and how it works. The company comes first. This principle applies to companies ‘a man’, which means that the sole shareholder / director have not given interest to the company. Duties and responsibilities put on the directors by the act; each company will have its own set of rules, whose name is ‘Consensus’.
- It is your duty to work according to the company’s constitution. The same, the directors include it to abide by any restriction.
- The rights given to directors by shareholders should be used.
- The task of encouraging the success of the company
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