Oxbridge Notes uses cookies for login, tax evidence, digital piracy prevention, business intelligence, and advertising purposes, as explained in our privacy policy.

Technical settings

Someone recently bought our

students are currently browsing our notes.

X

Rayfield v Hands

[1960] Ch 1

Case summary last updated at 20/01/2020 19:50 by the Oxbridge Notes in-house law team.

Judgement for the case Rayfield v Hands

Articles provided that where a member wished to dispose of shares, in certain circumstances directors had an obligation to purchase those shares offered. C wished to sell his shares and a director, who was also a member, refused to take them. Held:
 
·        Company’s articles intended for the directors to be bound as members in this situation.
Ø  i.e. as matter related to purchase of shares.
Therefore directors were bound by articles in their capacity as members. 

Have you seen Oxbridge Notes' best Company law study materials?

Our law notes have been a popular underground sensation for 10 years:

  • Written by Oxford & Cambridge prize-winning graduates
  • Includes copious adademic commentary in summary form
  • Concise structure relating cases and statutes into an easy-to-remember whole
  • Covers all major cases for LLB exams
  • Satisfaction guaranteed refund policy
  • Recently updated
Company law Notes

Company law Notes >>