‘The court ruled that directors have a duty to act in good faith and show loyalty to the company under section 172 of the Companies Act 2006, after dismissing an appeal over a company director’s efforts to delay the sale of their company – with the court warning that failure to behave in good faith could lead to “chaos and paralysis” for companies.’
OUT-LAW.com, 21st July 2026
Source: www.pinsentmasons.com
