The Law Reports (Chancery Division)
[2018] Ch 511
Court of Appeal
In re
BW Estates Ltd (No 2)
Randhawa and another
v
Turpin and another (No 2)
[2017] EWCA Civ 1201
2017 July 12,
13;
Aug 1
Aug 1
Sir Geoffrey Vos C, Underhill, Henderson LJJ
Insolvency— Administrator— Appointment— Company’s articles requiring quorum of two directors to hold board meetings— Corporate 25% shareholder dissolved— Sole director with 75% registered shares appointing administrators— Whether appointment of administrators valid— Whether company single member company at material time making valid quorum of one— Whether sole director having right to appoint administrators notwithstanding company’s articles— Whether acquiescence or consent of shareholder sufficient to bind company— Whether challenge to validity of appointment estopped—
Insolvency Act 1986 (c 45), Sch B1, para 22 (inserted by Enterprise Act 2002 (c 40), s 248, Sch 16)
—
Companies Act 2006 (c 46), s 318(1)
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