Nov 20, 2013 14:42
10 yrs ago
4 viewers *
English term
be liable to be avoided
English to French
Law/Patents
Law: Contract(s)
Statuts
Phrase entière :
nor shall any such contract or any contract or arrangement entered into by or on behalf of the Company in which any Director is in any way interested, BE LIABLE TO BE AVOIDED, nor shall any Director so contracting or being so interested be liable to account to the Company for any profit realised by any such contract or arrangement by reason of such Director holding that office or of the fiduciary relation thereby established.
Merci.
nor shall any such contract or any contract or arrangement entered into by or on behalf of the Company in which any Director is in any way interested, BE LIABLE TO BE AVOIDED, nor shall any Director so contracting or being so interested be liable to account to the Company for any profit realised by any such contract or arrangement by reason of such Director holding that office or of the fiduciary relation thereby established.
Merci.
Proposed translations
(French)
2 | doit être évité | Françoise Vogel |
References
conflict of interest | Daryo |
Proposed translations
10 mins
Selected
doit être évité
nor shall any such contract [...] be liable to be avoided
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Note added at 14 mins (2013-11-20 14:56:34 GMT)
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en s'en tenant rigoureusement à la question; mais compte tenu du début de la phrase, il faut comprendre que la société n'est pas tenue de renoncer à ce genre de contrat.
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Note added at 14 mins (2013-11-20 14:56:34 GMT)
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en s'en tenant rigoureusement à la question; mais compte tenu du début de la phrase, il faut comprendre que la société n'est pas tenue de renoncer à ce genre de contrat.
4 KudoZ points awarded for this answer.
Comment: "Merci."
Reference comments
3 days 2 hrs
Reference:
conflict of interest
there is a standard clause (with many variations) containing this term, about the potential conflict of interest if a director holds several positions, and what is tolerated or not:
A director
- may hold any other office or place of profit under the Company (other than the office of auditor) in conjunction with his office of director for such period and on such terms (as to remuneration and otherwise) as the directors may resolve
and
--- no director or intending director shall be disqualified by his office from contracting with the Company as vendor, purchaser or otherwise,
--- nor shall any such contract, or any contract or arrangement entered into by or on behalf of the Company in which any director is in any way interested, be liable to be avoided,
--- nor shall any director so contracting or being so interested be liable to account to the Company for any profit realised by any such contract or arrangement by reason of such director holding that office or of the fiduciary relation thereby established.
[http://www.wikinvest.com/stock/Prudential_Public_Limited_Com...]
A director
- may hold any other office or place of profit under the Company (other than the office of auditor) in conjunction with his office of director for such period and on such terms (as to remuneration and otherwise) as the directors may resolve
and
--- no director or intending director shall be disqualified by his office from contracting with the Company as vendor, purchaser or otherwise,
--- nor shall any such contract, or any contract or arrangement entered into by or on behalf of the Company in which any director is in any way interested, be liable to be avoided,
--- nor shall any director so contracting or being so interested be liable to account to the Company for any profit realised by any such contract or arrangement by reason of such director holding that office or of the fiduciary relation thereby established.
[http://www.wikinvest.com/stock/Prudential_Public_Limited_Com...]
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