United Kingdom shareholder resolutionsinformal assentdecision making

Re Duomatic Ltd

[1969] 2 Ch 365

JurisdictionUnited Kingdom

CourtHigh Court of England and Wales (Chancery Division)

Year1969

StatusBinding authority

Key Principle

The Duomatic principle: where all shareholders with the right to attend and vote at a general meeting assent to a matter informally, their assent is as binding as a formal resolution.

Area of Law

company

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