This website uses cookies to ensure you get the best experience on our website. Learn more

Re Duomatic [1969] 2 Ch 365

By Oxbridge Law TeamUpdated 04/01/2024 07:05

Judgement for the case Re Duomatic

Table Of Contents

  • Director was remunerated by company.

  • When company went insolvent, liquidator sought to recover payments on grounds they had not been authorised in general meeting (as required by statute).


  • Payments had been signed off on accounts by 100% of the shareholders

  • Thus was inference that all shareholders had consented

  • Does not matter that consent of each individual shareholder was given at different points intime

Any comments or edits about this case? Get in touch

For Further Study on Re Duomatic

Need instant answers? Our AI exam tutor is here to help.

Ask questions šŸ™‹ Get answers šŸ“” It's simple šŸ‘ļøšŸ‘„šŸ‘ļø

Our AI is educated by the highest scoring students across all subjects and schools. Join hundreds of your peers today.

Get Started
Claim every advantage to get a first in law
Company law Notes
805 total pages
1071 purchased

Company law notes fully updated for recent exams in the UK. These notes...