1931 (7) TMI 16

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..... defendants were directors of the company on February 10, 1931, on which day there was a general meeting of the company, at which each of them verbally gave notice to the company in general meeting resigning his office of director, and the company in general meeting resolved to accept the resignation. The articles of association of the plaintiff company provided, by Article 34, "that the office of .....

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..... the provisions of Article 34 for the formal determination of the contract, the parties can agree informally to put an end to it by oral agreement. Morris v. Baron Co. shows that although one cannot vary a written contract by parol agreement one can put end to such a contract by agreement which renders its fulfilment impossible. Ackroyd, for the defendants. The terms under which a dire .....

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..... nt, the answer based on Article 34 is not a good one. I see no reason in law why the contract of service between the company and its directors should not be terminated by the same means as that by which the contract of service between two individuals may be terminated, and I see no ground in law for saying that where a written contract has been made for service which requires a written notice on e .....

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