Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd | Wiki ...
Channel: wikipedia tts
Date: 18/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Multinational_Gas_and_Petrochemical_Co_v_Multinational_Gas_and_Petrochemical_Services_Ltd


00:00:28 1 Facts
00:02:01 2 Judgment
00:04:26 3 Vicarious liability
00:04:57 4 Significance
00:05:51 5 See also
00:06:05 6 Notes



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SUMMARY
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Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd [1983] Ch 258 is a leading United Kingdom company law case relating to directors' liability.  The case is the principal authority for the proposition that a company will not be able to make any claim against a director for breach of duty where the acts of the director have been ratified by the members of the company.