Company

The judge had erred in holding that the sole director of a company, whose articles of association had required two directors for its board meeting to be quorate, had validly appointed joint administrators under para 22 of Sch B1 to the Insolvency Act 1986. Among other things, the Court of Appeal, Civil Division, held that the sole director’s resolution had been incurably invalid in the circumstances, and could not have been rendered valid by the application of the principle arising from the decision in Re Duomatic Ltd ([1969] 1 All ER 161).