C2Part 4A company's capacity and related matters

Annotations:
Modifications etc. (not altering text)

Capacity of company and power of directors to bind it

C139A company's capacity

1

The validity of an act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company's constitution.

2

This section has effect subject to section 42 (companies that are charities).