What is the ratio in Panorama Developments v Fidelis?

Company secretaries have ostensible authority to enter into contracts connected with the administrative side of the company's business, making the company liable to third parties.

What did the court decide in Panorama Developments v Fidelis?

The Court of Appeal held that the company was liable for car hire charges incurred by its secretary, even though used for personal purposes.

Why is Panorama Developments v Fidelis important for company law?

It established the modern understanding of company secretaries' authority and demonstrates how ostensible authority protects third parties dealing with companies.

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