Rarotonga, 2010

Simon's Legal Resources

(Ontario)

Most Popular
Contracts / Torts / Evidence / Limitations / Tenant Plus / welfare (ontario works) / odsp / human rights / employment / consumer / E-Access
ADMINISTRATIVE LAW | SPPA / SMALL CLAIMS / CIVIL COURT / CIVIL APPEALS / JUDICIAL REVIEW

home / about / Democracy, Law and Duty / testimonials / Conditions of Use

Online Litigation Assessment
Intake

Associated Site
Canadian Animal Law

Corporations - Conflict of Interest

. Sandhu v. Singh and Sikh Heritage Centre

In Sandhu v. Singh and Sikh Heritage Centre (Div Ct, 2022) the Divisional Court considered whether a corporate director had a conflict of interest:
[49] Both respondents also argue that a conflict of interest is allowed when full disclosure is made in advance of the conflict and is properly approved by shareholders or members. Both cite Canadian Aero Service Ltd. v. O’Malley, 1973 CanLII 23 (SCC), [1974] S.C.R. 592, at para. 24, and Barry Reiter’s Directors Duties of Canada, 3rd ed. (Toronto: CCH Canadian Ltd., 2006), as authority for this exception.

[50] This exception applies here, as the respondent Mohinder made it clear to SHC, in advance, that he wanted to purchase the property.


CC0

The author has waived all copyright and related or neighboring rights to this Isthatlegal.ca webpage.