S172 of the Companies Act 2006 states that a company director must:
?act in the way he considers, in good faith, is most likely to promote the success of the company for the benefit of its members as a whole?
When it was introduced, this section of the Act created a great deal of concern, was it a step too far in terms of directors? statutory duties?
However, it seems that the controversy surrounding this section was ill-founded, as we have been living with