Cap. 168 Art. 130Joint and several liability of directors.

(1) The liability of the directors in damages for any breach of duty shall be joint and several:

Provided that where a particular duty has been entrusted to one or more of the directors, only such director or directors shall be liable in damages.

(2) A director shall not be liable for the acts of his co-directors if he proves either -

(b) that, knowing that the co-directors intended to commit a breach of duty, he took all reasonable steps to prevent it.