Lloyd J: ‘For my part, however, I do not see why, at any rate where there has been a meeting attended by all those who were entitled to attend and vote at a general meeting and that meeting has considered the matter and has resolved, in terms, that the company shall enter into the particular transaction, the fact that the minute is headed ‘board meeting’ rather than ‘general meeting’ and was not convened on the notice proper for a general meeting and was attended by a director who does not hold shares, should make it impossible to regard s 320 as having been satisfied.’
Judges:
Lloyd J
Citations:
[2003] BIPR 358
Jurisdiction:
England and Wales
Cited by:
Cited – Ultraframe (UK) Ltd v Fielding and others ChD 27-Jul-2005
The parties had engaged in a bitter 95 day trial in which allegations of forgery, theft, false accounting, blackmail and arson. A company owning patents and other rights had become insolvent, and the real concern was the destination and ownership of . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 06 December 2022; Ref: scu.230294
