hi are you able to help with this question

Health Foods Ltd is a wholesale supplier of packaged organic food products and vitamin supplements for sale to retail health food stores. Kyle, Liz and Mike are the directors of the company. Jason was the company secretary of Health Foods Ltd, but Kyle and Liz, outvoting Mike, had removed Jason from this position at a recent board of directors meeting. However, they had not yet lodged the appropriate notice of this with ASIC under s 205B(5).

Mike decided it would be a good idea to diversify the company's business interests by expanding into the actual growing of organic food. He saw anadvertisement in the local paper for the lease of a market garden from Kim and made an offer to lease it on behalf of the company. Mike signed the lease documents as director and Jason signed as company secretary. Kim actually knew Jason, as they had attended high school together. While they were checking the paperwork before signing the lease documents, Jason asked Kim if she knew of anyone who was employing people at the moment, since he was looking a job. Kim thought he must have been planning to leave Health Foods Ltd and resign as company secretary. At the board meeting the following month, Mike informed Kyle and Liz of the lease of the market garden and his plans for production of organic vegetables. Kyle and Liz became upset with Mike for entering into this lease without consulting them and refused to make any payments under the lease.

Is Health Foods Ltd bound by the contract for the lease of the market garden? Refer to case law and/or provisions of theCorporations Actas relevant to support your answer.