Part 10A company’s directors
Chapter 1Appointment and removal of directors
Appointment
161Validity of acts of directors
1
The acts of a person acting as a director are valid notwithstanding that it is afterwards discovered—
a
that there was a defect in his appointment;
b
that he was disqualified from holding office;
c
that he had ceased to hold office;
d
that he was not entitled to vote on the matter in question.
2
This applies even if the resolution for his appointment is void under section 160 (appointment of directors of public company to be voted on individually).