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

Re New British Iron [1898] 1 Ch 324

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

Judgement for the case Re New British Iron

Table Of Contents

  • 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

Any comments or edits about this case? Get in touch

For Further Study on Re New British Iron

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

Ask questions 🙋 Get answers 📔 It's simple 👁️👄👁️

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

Get Started

Related Product Samples

These product samples contain the same concepts we cover in this case.

Claim every advantage to get a first in law
Company law Notes
805 total pages
1070 purchased

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