C/L/298. Company directors now enjoy virtual autonomy over corporate affairs and the general meeting has been reduced to little more than a forum for rubber stamping boardroom decisions. Discuss
(2008, 800 words)
The paper examines the provisions of Companies Act 1985 arguing whether company directors have autonomy over corporate affairs, discussing the ability of a director to enter into a contract with the company of which he is a director, and the amount of shareholders' control over such contracts.
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