Mills v Mills
| Jurisdiction | Australia Federal only |
| Neutral Citation | 1938-0217 HCA A,[1938] HCA 4 |
| Date | 1938 |
| Year | 1938 |
| Court | High Court |
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Smith (Howard) Ltd v Ampol Petroleum Ltd
...holding, the directors had improperly exercised their powers and the allotment was invalid (post, pp. 837F - 838C). Mills v. Mills (1938) 60 C.L.R. 150 considered. Per curiam. A matter such as the raising of finance is one of management, within the responsibility of the directors. It would ......
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1 firm's commentaries
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The responsibilities of becoming a director
...Equitable duty of good faith and in the interests of the company. 3ss180(2)9b) of the Corporations Act 2001. See also Mills v Mills [1938] HCA 4; (1938) 60 CLR 150 (17 February 1938) and Hindle v John Cotton (1919) 56 Sc.L.R625. 4 s 182(1) (a) of the Corporations Act. Fundamentally it confi......
5 books & journal articles
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Directors' fiduciary duties under our future company-law regime
...at 671; Re City Equitable Fire Insurance Co Ltd (1925) Ch 407; Richard Brady Franks Limited v Price (1937) 58 CLR 112; Mills v Mills (1938) 60 CLR 150 at 188; Peters' American Delicacy Company Limited v Heath (1939) 61 CLR 457; In re Smith & Fawcett, Limited [1942] 1 Ch 304 (CA); Thorby v G......
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Living on the Edge: Utopia University Ltd
...the companywasalegal entity oritwasnot."65With respect, thingshavenever been so simple.62636465See, for example, Mills vMills (1938) 60 CLR 150; Ngurli Ltd vMcCann (1953) 90 CLR 425;Harlowe's NomineesPlyLtd vWoodside (Lakes Entrance) OilCoNL(1968) 121 CLR 483; Hogg vCramphorn Ltd [1967]Ch25......
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A ‘fair and reasonable proposal’ by the board may still amount to a breach of duty to exercise directors’ powers for a proper purpose
...the accomplishment of which formed the real ground of the board’s 30 Eclairs Group Ltd v JKX Oil & Gas PLC supra note 24 para 17.31 (1938) 60 CLR 150. © Juta and Company (Pty) 37A ‘FAIR AND REASONABLE PROPOSAL’ BY THE BOARD MAY STILL AMOUNT TO A BREACH OF DUTY TO EXERCISE DIRECTORS’ POWERS ......
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FAMILY-OWNED FIRMS IN SINGAPORE
...65. 49Tokuhon (Pte) Ltd v Seow Kang Hong[2003] SGHC 65 at [120]. 50Tokuhon (Pte) Ltd v Seow Kang Hong[2003] SGHC 65 at [122]. 51(1937–38) 60 CLR 150. 52 Robert Flannigan, “Fiduciary Duties of Shareholders and Directors” [2004] Journal of Business Law 277 at 285–286. Because the joint stock ......
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