What is the ratio in Re D'Jan of London?

Directors owe an objective duty of care to exercise reasonable skill and care, but courts may grant statutory relief where directors act honestly and reasonably.

What did the court decide in Re D'Jan of London?

The court found a breach of duty of care but granted statutory relief under s.727 Companies Act 1985 due to the director's honest conduct.

Why is Re D'Jan of London important for directors' duties?

It clarifies the objective standard of care expected of directors and shows how courts balance accountability with recognition of honest mistakes.

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