WebInstead, a sole director can take decisions “without regard to any of the provisions of the articles relating to directors’ decision-making”. Model Article 11 (2): the quorum for board meetings can be fixed from time to time, but it cannot be less than two, and the default position is two. In the Re Fore Fitness case, the company had ... WebDec 22, 2024 · Before the decision in Fore Fitness (discussed below), the general view taken of these provisions seemed to be that Article 11.2 dealt only with quorum requirements (and did not operate to...
High Court gives guidance on interpreting single director …
WebDec 22, 2024 · Before the decision in Fore Fitness (discussed below), the general view taken of these provisions seemed to be that Article 11.2 dealt only with quorum requirements (and did not operate to... WebOct 14, 2024 · Recently, we have seen the authority of a sole director being called into question when a company has adopted Model Articles or partially adopted Model Articles in the reported decision of Re Fore Fitness Investment Holdings Ltd [2024] EWHC 191 (Ch) – also known as the Hashmi case. gomphonema clevei
The shortcomings of Model Articles for sole director companies
WebA landmark unexpected High Court decision last year in the case of Fore Fitness meant businesses with a single, or ‘sole’ director were left in the extraordinary position of being unable to ... WebMar 18, 2024 · While a company has only one director and its articles do not require it to have more than one, the general rule does not apply. Instead, the sole director can take … WebNov 1, 2024 · 01.11.2024. A recent decision of the High Court in Re Active Wear Limited [2024] EWHC 2340 (Ch) (Re Active Wear) has suggested that unmodified model articles for private companies are suitable for decision making for companies with a sole director. This differentiates from the decision in Hashmi v Lorimer-Wing (also known as Re Fore … health cloud login