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directors

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › directors

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by MikeLittle.
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  • January 8, 2020 at 3:08 pm #557173
    irfansadik
    Member
    • Topics: 15
    • Replies: 16
    • ☆

    does a de facto director has authority to make contracts?

    January 9, 2020 at 7:58 am #557232
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Contracts entered into by a person who is held to be a de facto director, even though that person has not been properly appointed as a director, will be binding on the company against an innocent third party

    OK?

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