12 Apr 1991
MERCURY (LONDON) LTD AND ANOTHER v. MERCURY SHIPPING & TRADING LTD AND OTHERS
- Citation
- MERCURY (LONDON) LTD AND ANOTHER v. MERCURY SHIPPING & TRADING LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCL75/1990
The action could not properly continue in the name of the 2nd plaintiff absent authorization by a properly constituted board; accordingly the court stayed the action until 26 April 1991 to allow the 2nd plaintiff to regularize its board or authorize prosecution; if no authorization is given the action will be dismissed and the solicitors who prosecuted the action without authority will be personally liable for costs.
- Authority of solicitors to act for company
- Director authority and ratification
- Quorum and appointment of directors
- Stay vs dismissal
- Security for costs