[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here:  BAILII >> Databases >> Northern Irish Legislation >> COMPANIES ACT (NORTHERN IRELAND) 1960

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 32

32.(1) Contracts on behalf of a company may be made as follows

(a)a contract which if made between private persons would be by law required
to be in writing under seal, may be made on behalf of the company in writing
under the common seal of the company;

(b)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;

(c)a contract which if made between private persons would by law be valid
although made by parol only, and not reduced into writing, may be made by
parol on behalf of the company by any person acting under its authority,
express or implied.

(2) 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.

(3) 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.

© 1960 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/cai1960267/s32.html