Company – Control. The proposed arrangements regulating the operation of the appellant as a professional company under the Bermuda Bar Act 1974 were not contrary to s 114 of, and Pt I of Sch 3 to, the Companies Act 1981 (the 1981 Act), which required local companies which carried on business in Bermuda to be controlled by Bermudians. Accordingly, the Privy Council, in advising Her Majesty that the appeal should be allowed, held that the respondent Bermuda Bar Council had fallen into error in refusing to grant a certificate of recognition as a professional company.