The Panorama case dealt with a company secretary who acted on behalf of a company. Under new legislation if a company secretary does something which is contrary to their employment, the company cannot be liable under contract The case of Panorama was important because a court conclusively held that a person occupying an officer's position in the company can be assumed to be an agent, and consequently bind the company in any of their actions Under the Panorama case, the court found that for a company to be liable, a person who purports to act on their behalf must be officially appointed as an agent in order to make them hable for any contracts with outsiders