Write explanatory notes on Natal Land Co. Ltd V. Pauline Coiliey Syndicate Ltd.

Natal Land Co. Ltd. V. Pauline Colliery Syndicate.
• This case is authority for the proposition that a company cannot after incorporation ratify a contract purportedly entered into on its behalf before incorporation.
• In this case a company purported to ratify a contract entered into a promoter before incorporation. It was held that the purported ratification had no legal effect.

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