NOTES ON EFFECTIVE PROVISIONS OF COMPANIES ACT 2013


Page 52

DEFECT IN APPOINTMENT OF DIRECTOR NOT TO INVALIDATE ACTION TAKEN [SECTION 176]

No act done by a person as a director shall be deemed to be invalid, even if, it was subsequently noticed that his appointment was invalid by reason of any defect or disqualification or had terminated.

This section shall not give validity to any act done by the director after his appointment has been noticed by the company to be invalid or to have terminated.

 

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