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Company law (I)Who have the control of the company Management Control: In this case, Ian, Martin and Peter are directors and so they own the general power of managing the company by acting as the agents of the company. By Table A, Articles 82, the directors may exercise all powers of the company not required by the ordinance or the articles to be exercised by the company in general meeting. Also, if the directors act within the powers given to them by Art 82 (or by some similar article), the courts have generally upheld the view that the directors are not bound to obey resolutions passed by shareholders at a general meeting. This is because the articles constitute a contract by which the members agree that the directors will manage the company and they generally have no right to overrule BOD. As a result, the three directors can ignore resolutions of...

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