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Companies Act, 1973 (Act No. 61 of 1973)

Chapter VII: Administration of Companies

Minutes, Minute Books and Reports of Meetings

205. Validity of proceedings

 

 

Where minutes have been made of the proceedings at any general meeting of a company, in accordance with the provisions of section 204, the meeting shall be deemed to have been duly held and convened and all proceedings had thereat to have been duly had and all appointments of directors, managers, liquidators, auditors and officers shall be deemed to be valid, until the contrary is proved.