“…ommon law requirements for disclosure by a director in order to obtain the fully informed consent of shareholders in Gwembe Valley Construction Company v Koshy [2003] EWCA Civ 1048 at [65]-[68] (“Gwembe”).…”
“… particular disabilities in cases falling within the self-dealing and fair-dealing rules”: see 248. However, in Gwembe Valley Development Co Ltd v Koshy (No 3) [2003] EWCA Civ 1048, [2004] 1 BCLC 131 (“Gwembe Valley”) Mummery LJ, giving the judgment of the Court of Appeal, concluded at paragraph 108 that the distinction was “an unnecessar…”