239 Ratification of acts of directors

Ratification of acts giving rise to liability

239  Ratification of acts of directors

(1)     This section applies to the ratification by a company of conduct by a director amounting to negligence, default, breach of duty or breach of trust in relation to the company.

(2)     The decision of the company to ratify such conduct must be made by resolution of the members of the company.

(3)     Where the resolution is proposed

Powered by Lexis+®

Popular documents