Do authorised signatory provisions within a company have to be strictly followed to bind a company

  • Thread starter HelpingHand
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HelpingHand

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Hello, I am wondering does anyone have the answer to the following question. Do authorised signatory specific requirements within a company have to be strictly complied with, in order to bind the company contractually, or does the Companies Act 2014 relieve the company of this strict compliance obligation ?
 
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I would argue no. Companies could have the most arcane internal structures/approvals-processes and outsiders would never know. If an outsider receives what could reasonably be expected to be a sufficient authorisation, my IN-expert opinion, they could rely on that signature i.e. the company would be so bound.
 
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