Re New British Iron [1898] 1 Ch 324
Country:
United Kingdom
Reviewed By Oxbridge Law Team
Updated 2024-01-04 07:05:14 UTC
Company’s articles provided for remuneration of directors at a certain rate.
Issue was whether directors could enforce this.
Held
Claimant could not enforce articles in his capacity as director.
However a separate contract could be implied upon same terms in article.
This separate contract could be enforced.
-
NB Directors’ service contracts must now be evidenced in writing – s.227-229.
Thus this result would no longer be possible
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