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Article
Have Faith! A High Court Ruling On Directors' Authority
In Jusan Technologies Ltd v Uconinvest [2025] EWHC 704 (Ch) (24 March 2025), the High Court found that, although the directors acted beyond the scope of their authority and in breach of the company's articles of association, the claimant could not rely on this as the transaction fell within s.40 of the Companies Act 2006 which gave the directors an unlimited power to bind the company in favour of a person dealing with it in good faith.
United Kingdom Commercial
TS
Teacher Stern
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