Court: Privy Council

Year:

Principle(s): A person in a fiduciary position cannot retain profits accruing from his breach of his fiduciary obligations.

Court: Court

Year: 1873

Principle(s): An agent may hire another agent with the consent of the principal and create a relation between the principal and sub-agent; sub-agent accountable to principal; agent cannot personally profit from the agency without the consent of the principal

Court: House of Lords

Year: 1967

Principle(s): A person in a fiduciary position must not make profits out of his trust/using trust property for personal gain.