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The Duomatic Principle: a valuable but limited tool 

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Law in a Nutshell

Shareholders need to approve many important decisions made by the company’s directors. Approval is usually given formally - but the shareholders can instead give informal consent to decisions if they are of one mind, by relying on the highly valuable Duomatic principle.

What's covered?

How the principle works, case law examples and what to do in practice with clients.

Estimated length

15mins

Recommended knoweldge level  

Intermediate

Knowledge check

3 questions at the end to check your understanding