London and Mashonaland Exploration Co Ltd v New Mashonaland Exploration Co Ltd [1891] WN 165.

Facts: The court refused to grant an injunction to prevent one of the claimant company’s directors from acting as director of a rival company without the claimant company’s consent. There was nothing in the articles or any contract with the director prohibiting him from being a director of another company.

Principle: A director of a company may be a director of a competing company, unless prohibited by contract.

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