TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FIN LEGITIME [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2015-06-08

English

Subject field(s)
  • Tort Law (common law)

French

Domaine(s)
  • Droit des délits (common law)

Spanish

Save record 1

Record 2 2004-01-26

English

Subject field(s)
  • Commercial and Other Bodies (Law)
CONT

Conclusion as to proper purpose ... the most important issue is whether the directors, in adopting the defensive tactics culminating in the issuer bid, met the onus upon them to show that they acted in the best interests of the corporation as a whole.

CONT

... courts tended to overcome the difficulty of determining a "proper purpose" by applying the general limitation applicable to fiduciaries: that they exercise their powers in the best interests of the beneficiaries.

French

Domaine(s)
  • Organismes commerciaux ou non (Droit)
CONT

Les devoirs des administrateurs. Le devoir de se servir de leurs pouvoirs dans une fin légitime (proper purpose).

Key term(s)
  • proper purpose

Spanish

Save record 2

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