Reply to post: Re: Communism bad

UK Telecommunications Act – aka 'power to strip out Huawei' – makes it to the statute book

Boris the Cockroach Silver badge
IT Angle

Re: Communism bad

Directors only real legal duty is to ensure the company is not commiting fraud while trading.

If the share holders dont mind the company losing money... then the directors dont have any duty to ensure returns on investments or even the company turns a profit so long as everything is above board.

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