3. Section 9 (1) Of European Communities Act 1972 And Section 35 Of Companies Act 1985
Section 9 EC Act 1972 was designed to give effect to the Directive. It deals with…
The considerable changes which were brought by Section 9 (1) E.C. Act 1972 is in…
Section 9 (1) of E.C. Act 1972 states that:…
“In favour of a person dealing with a company in good faith, any transaction decided…
As to Section 9 (1), the requirement of good faith of third parties is evidently…
affected the already existing law by validating certain transaction which were unenforceable.…
Providing a protection only under certain circumstances (when the third party had…
Furthermore, the concepts like "dealing with a company”, “decided on by the directors”…
As to the judgement in this case, with regard to the concept of "good faith" it is…
In terms of transaction "decided on by the directors”, the acts done by a single…
"Third parties must be able to trust appearances while having the quarantee that,…
Finally, under Section 9 (1) E.C Act 1972 the good faith of third parties is designed…
Despite all these contraversies the doctrine of ultra vires seemed to have been partially…
Section 35 C.A. 1985, having intended to reform the company law on the relevant issue,…
As a consequence of all these critisms brought against Section 35 C.A 1985 and the…