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Australia Leading Case uncategorized

Mills v Mills

[1938] HCA 4; (1938) 60 CLR 150
JurisdictionAustralia
CourtHigh Court of Australia
Year1938
StatusBinding authority

Key Principle

A power conferred on directors must be exercised bona fide for the purpose for which it was conferred and not to secure a private advantage or for a purpose foreign to that power; an incidental benefit to a director does not vitiate a resolution whose substantial purpose benefits the company.

Area of Law

c

Related Cases

Miller v The Queen [2016] HCA 30; (2016) 259 CLR 380 (Miller v The Queen; Smith v The Queen; Presley v DPP (SA))
Vines v ASIC [2007] NSWCA 75; (2007) 73 NSWLR 451
Ringrow Pty Ltd v BP Australia Pty Ltd [2005] HCA 71; (2005) 224 CLR 656

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