Lennard’s Carrying Co Ltd versus Asiatic Petroleum Co Ltd, 1915 AC 705
The director of the company was aware of a fact which would jeopardise the transaction, and still chose not to disclose it, while the other directors did nothing to intervene either. The Court held that the liability could be extended to the company as well for the acts of the directors of the company, since they were the minds and the hands through which the company acted.