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Attorney General v Davy (1741) 26 ER 531 is a UK company law case, which establishes this small but essential point of law: the default rule is that a majority of a corporate body can determine what it does.

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  • Attorney General v Davy (en)
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  • Attorney General v Davy (1741) 26 ER 531 is a UK company law case, which establishes this small but essential point of law: the default rule is that a majority of a corporate body can determine what it does. (en)
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  • Attorney General v Davy (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/Philip_Yorke,_1st_Earl_of_Hardwicke_(1690-1764)_by_William_Hoare_of_Bath.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/Coat_of_arms_of_Great_Britain_(1714–1801).svg
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  • Court of Chancery (en)
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  • Attorney General v Davy (1741) 26 ER 531 is a UK company law case, which establishes this small but essential point of law: the default rule is that a majority of a corporate body can determine what it does. Equivalent rules in contemporary company law are s 168 Companies Act 2006, which allows shareholders to remove directors through a simple majority, Foss v Harbottle which presupposed that a majority of shareholders can always take action to litigate, and the rule in Automatic Self-Cleansing Filter Syndicate Co Ltd v Cuninghame, which raises the requirement to 75% of the shareholders if they are to give instructions to the board. (en)
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