Ann: Managing Director Resignation, page-57

Surely none of the following are a concern?:

• a duty not to improperly use their position to gain an advantage for themselves (or someone else) or to cause detriment to the company,
• a duty not to misuse information, and
• a duty to prevent insolvent trading.

Some examples ofbreaches of the duties above include:

• failing to disclose all relevant documents to the board of directors; [1]
• promoting personal interests above those of the company;
• diverting a business opportunity away from the company;
• failing to disclose all relevant documents to the board of directors; [2]
• allowing a company to incur a debt when it is insolvent.