In the recent English case Syspal Capital Ltd v Truman & Another [2024] EWHC 1561 (Ch) it been inter alia held – (adopting and following RE Euro Accessories Ltd [2021] EWHC 47 (Ch)) - that the process of interpretation to arrive at the true meaning of a provision in a company’s articles of association, must concentrate on the natural and ordinary meaning of the words used, when viewed in light of the scheme and purpose of the articles in general, any extrinsic facts about the company, or its membership that would reasonably be ascertainable by any reader of the company’s constitution and public filings at Companies House, and commercial common sense.
The above principle has been also approved by the Court of Appeal in DnaNudge Ltd v Ventura Capital GP Ltd [2023] EWCA CIV 142.
Given the absence of any Cypriot case law on the above matter, Cypriot courts may use the above English case law as guidance to decide such issues.
Related Articles
See all articlesArticle | 29 October 2026
Cyprus and China explore new trade and investment opportunities
The Cyprus Chamber of Commerce and Industry (Keve) has released a statement reviewing the outcomes of a major business forum held in Nicosia earlier this week, where Cyprus and Chna explored opportunities to expand bilateral trade, attract investment and develop business partnerships.
Read full articleArticle | 27 October 2026
Cyprus tops EU for SME innovation but faces tougher test of turning ideas into business
Cyprus businesses will need to invest more, improve productivity and turn research into commercially successful products if they are to compete internationally, with employers warning that the ability to adapt quickly to new technologies will increasingly matter more than company size.
Read full article
Related Insights
See all insightsInsight | 27 March 2026 | Cyprus Property Developers Association
Yiannis Misirlis, , Cyprus Property Developers Association
"If Cyprus improves efficiency, maintains policy consistency and strengthens competitiveness, it can position itself as one of the most attractive real estate markets in Europe. If not, supply constraints and affordability pressures will intensify. The next phase will be defined not by potential – but by execution", says Yiannis Misirlis, Chairman of Cyprus Property Developers Association.
Read Yiannis Misirlis's Insight
