Can a single company director act alone?
Many companies start with two directors, but then find themselves with one single company director only. A common concern is whether that single director can make any decisions apart from the decision to appoint a further director. For companies which are governed by the Model Articles, this issue is anticipated by Article 7(2), which says that if a company has only a single director, that director can make any decision alone, disregarding all other rules relating to director decision making. This will apply as long as there is not a provision in the articles which requires the company to have more than one director.
So, if there is only one director and the company is governed by the Model Articles, they can make any decision and take any action within the powers of directors.
If you need any advice on your Articles of Association or would like to create a set of bespoke articles, please get in touch with any member of our Business Services Team.
Claire Richards is a partner and solicitor specialising in corporate law at Barker Gotelee, Ipswich Solicitors.