https://www.taxtmi.com/caselaws?id=96805 Statutory power to indorse promissory notes vested in a liquidator under Section 179 is non delegable; agents appointed by general power of attorney who executed indorsements conveyed no title and those indorsements are void. Acts that are void ab initio for lack of delegated statutory authority cannot be validated by subsequent ratification; ratification only operates where the principal could have validly authorised the original act or where an antecedent decision rendered the act ministerial, which was not established here. Operatively, indorsements by attorney agents in this context remain invalid and cannot be cured post hoc by the liquidator. en-us Mon, 07 Aug 1939 00:00:00 +0530 Wed, 11 Jan 2012 12:33:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96805 Statutory power to indorse promissory notes vested in a liquidator under Section 179 is non delegable; agents appointed by general power of attorney who executed indorsements conveyed no title and those indorsements are void. Acts that are void ab initio for lack of delegated statutory authority cannot be validated by subsequent ratification; ratification only operates where the principal could have validly authorised the original act or where an antecedent decision rendered the act ministerial, which was not established here. Operatively, indorsements by attorney agents in this context remain invalid and cannot be cured post hoc by the liquidator. Case-Laws Companies Law Mon, 07 Aug 1939 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96805