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Allen v Gold Reefs of West Africa Ltd
[1900] 1 Ch 656 (CA)
Key Principle
A company's statutory power to alter its articles by special resolution must be exercised bona fide for the benefit of the company as a whole and within the limits of the law and equity; subject to that, an alteration is valid even if it prejudices particular members.
Area of Law
c
Related Cases
R v Rahman [2008] UKHL 45; [2009] 1 AC 129; [2008] 3 WLR 264; [2008] 4 All ER 351