“…may provide some support for an argument that the director had not acted reasonably. However, in the same way as Hoffmann LJ held in Re D’Jan of London Limited [1994] 1 BCLC 561 that someone who has been found to have acted negligently, which involves a failure to take reasonable care, can nevertheless obtain relief on the basis that t…”
“…The Courts’ approach to relief under section 1157 of the 2006 Act can be illustrated by reference to Re D’Jan of London Ltd [1994] 1 BCLC 561, where relief was sought and granted under section 727 of the Companies Act 1985. Hoffmann J observed at 564:…”