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).