The Law Reports (Appeal Cases)
[2018] AC 205
Privy Council
Rolle Family & Co Ltd
v
Rolle
[on appeal from the Court of Appeal of the Commonwealth of The Bahamas]
[2017] UKPC 35
2017 Oct 26;
Nov 20
Nov 20
Lord Sumption, Lord Carnwath, Lord Hughes, Lord Hodge, Lord Briggs JJSC
Bahamas, The— Company— Pre-incorporation contract— Grantor in The Bahamas purporting to convey land to son’s company by deed— Son purportedly signing deed on behalf of company— Incorporation of company occurring four days later— Company having statutory right to adopt contract entered into in its name within “reasonable time” by means of action signifying intent to be bound— Company demonstrating intent by presenting conveyance for registration of title over eight months later— Whether having met requirement within “reasonable time”— Whether conveyance valid on basis of grantor having delivered deed as escrow, conditional on incorporation of company and taking effect as valid grant when condition satisfied—
Companies Act (Statute Law of The Bahamas, c 308), s 22
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