Companies Act · 2021 Revised Edition · Part · Incorporation of Companies and Matters Incidental Thereto
32. Form of contracts
Official textFrom Attorney General's Chambers, unchanged
Contracts on behalf of a company may be made as follows -
a contract which if made between private persons would be by law required to be in writing, and if made according to
English law to be under seal, may be made on behalf of the company in writing under the common seal of the company;
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a contract which if made between private persons would be by law required to be in writing, signed by the parties to be charged therewith, may be made on behalf of the company in writing signed by any person acting under its authority, express or implied;
a contract which if made between private persons would by law be valid although made by parole only, and not reduced into writing, may be made by parole on behalf of the company by any person acting under its authority, express or implied.
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Companies
A contract made according to this section shall be effectual in law and shall bind the company and its successors and all other parties thereto.
A contract made according to this section may be varied or discharged in the same manner in which it is authorised by this section to be made.
Terms defined in s 2
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Part
Share Capital and Debentures Prospectus
Part 3
Part
Management and Administration Registered Office and Name
Part 5
Part 6
Part 7
Part 8
Part 9
Part
Restrictions on Sale of Shares and Offers of Shares for Sale
Part
Prohibition of Partnerships with More Than Twenty Members
Part