40 Power of directors to bind the company
40 Power of directors to bind the company
Companies Act 2006 | Legislation

(1)     In favour of a person dealing with a company in good faith, the power of the directors to bind the company, or authorise others to do so, is deemed to be free of any limitation under the company's constitution.

(2)     For this purpose—

(a)     a person “deals with” a company if he is a party to any transaction or other act to which the company is a party,

(b)     a person dealing with a company—