Memorandum and articles bind members and the company, creating enforceable covenants and making member payments debts. Registered memorandum and articles bind the company and its members as if executed by each party, creating enforceable covenants to observe their provisions; monies payable by a member under those documents are debts due to the company.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Memorandum and articles bind members and the company, creating enforceable covenants and making member payments debts.
Registered memorandum and articles bind the company and its members as if executed by each party, creating enforceable covenants to observe their provisions; monies payable by a member under those documents are debts due to the company.
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