Professional advice does not alone establish that directors act under another's directions, preserving board autonomy under the Act. A person who gives professional advice shall not, solely because the board acts on that advice, be deemed to be a person in accordance with whose directions or instructions the board is accustomed to act, except where the Act expressly provides otherwise.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Professional advice does not alone establish that directors act under another's directions, preserving board autonomy under the Act.
A person who gives professional advice shall not, solely because the board acts on that advice, be deemed to be a person in accordance with whose directions or instructions the board is accustomed to act, except where the Act expressly provides otherwise.
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