Does a director have the onus to establish that he has satisfied all the necessary conditions to be a director of a corporation?
Alberta, Canada
The following excerpt is from McAteer v. Devoncroft Developments Ltd., 2001 ABQB 917 (CanLII):
McAteer also relied on Gray v. New Augarita in support of his submission that Billes has the onus in relation to this issue. Gray held that a director who wishes to keep the benefit of some transaction involving the corporation has the onus to establish that he has satisfied all the necessary conditions.
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