Section 168: Validity of acts of directors
The Companies Act, 2017 · Federal Acts · in_force
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168. Validity of acts of directors.—The acts of a person acting as a director are valid notwithstanding that it is afterwards discovered that there was a defect in his appointment; or he was disqualified from holding office; or he had ceased to hold such office: Provided that, as soon as any such defect has come to notice, the director shall not exercise the right of his office till the defect has been removed.
Effective date: 2017-05-30
Related sections
Section 167: Consent to act as director to be filed with companySection 169: PenaltiesSection 166: Manner of selection of independent directors and maintenance of databank ofSection 170: Restriction on director's remunerationSection 165: Certain provisions not to apply to directors representing special interestsSection 171: Vacation of office by the directors
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