Claimant claimed that courts should imply a term into articles of association to effect that a company should contribute to upkeep of an amenity area in a housing development, so as to give articles business efficacy.
Courts will not imply terms into articles from extrinsic evidence of surrounding circumstances.
This because such evidence is only known to a few people.
Thus would be prejudicial to third parties.
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Contract Law | Terms Of The Contract Pq & Essay Notes Notes (87 pages) |