School Outfitters Uganda Limited v Bahange and Others
School Outfitters Uganda Limited v Bahange and Others (Civil Suit 750 of 1997) [1998] UGHC 25 (2 July 1998)
The court found that the Plaintiff's Managing Director, Mrs. Monica Erapu, was both Managing Director and Chairman and had been managing the company almost single-handedly, with the Board of Directors acquiescing in her conduct. There was no evidence of any express restriction on her powers, nor any board resolution limiting her authority to sell company property. The Articles of Association, as incorporated from Table A and modified, vested broad management powers in the Managing Director. The court held that the Plaintiff, by its conduct, held out Mrs. Erapu as having authority to enter int…
Source excerpt
- Company Directors Authority
- Ostensible Authority
- Sale Of Company Property
- Internal Management Rule