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Are sole director companies all acting unlawfully?
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The question of sole director companies has been thrown into some doubt by Idrees Hashmi v Paul Lorimer-Wing [2022] EWHC 191 (Ch), also known as Re Fore Fitness Investments Holdings Limited. If it is correctly decided, and sadly no appeal seems pending, then it could have very serious consequences for sole director companies – at least for anyone using the Model Articles set out in the Companies (Model Articles) Regulations 2008/3229 (Model Articles).
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