Statutory override: company constitutional or contractual provisions yield to the Act, making conflicting clauses void. The Act functions as a statutory override: its provisions prevail over any inconsistent term in a company's memorandum, articles, agreements, or resolutions regardless of timing, and any provision repugnant to the Act is void to the extent of the inconsistency.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Statutory override: company constitutional or contractual provisions yield to the Act, making conflicting clauses void.
The Act functions as a statutory override: its provisions prevail over any inconsistent term in a company's memorandum, articles, agreements, or resolutions regardless of timing, and any provision repugnant to the Act is void to the extent of the inconsistency.
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