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Issues: Whether the appeal filed on behalf of the corporation was maintainable in the absence of a fresh resolution of the board of directors.
Analysis: The authority to institute or defend legal proceedings was vested in the board under the corporation's memorandum and articles of association. That power had been delegated to the marketing director, who was in turn authorised to delegate it further. The record showed a valid sub-delegation in favour of the officer who filed the appeal. In these circumstances, a separate board resolution for every appeal was not necessary, and the appeal could competently be filed under the authority already conferred.
Conclusion: The appeal was maintainable.