Page "Board of directors" Paragraph 41

The new approach did not secure immediate approval, but it was endorsed by the House of Lords in Quin & Axtens v Salmon AC 442 and has since received general acceptance.

Under English law, successive versions of Table A have reinforced the norm that, unless the directors are acting contrary to the law or the provisions of the Articles, the powers of conducting the management and affairs of the company are vested in them.