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1949 (12) TMI 29 - IN THE FEDERAL COURTExtract: .......st the directors themselves. Even in Automatic Self-Cleansing Filter Syndicate Company Ltd. v. Cunninghame 1877 6 Ch. D 70, it was recognized that misconduct on the part of the director provided an exception to the rule laid down in that case. In the result, we uphold the view taken in the appellate court judgment and dismiss the appeal with costs.
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