https://www.taxtmi.com/acts?id=12627 The provision grants the Board of Directors authority to exercise all powers and do all acts the company may undertake, but prohibits the Board from exercising powers or performing acts reserved by statute, the memorandum or articles, or other law to the company in general meeting; the Board must in exercising powers comply with statutory provisions, the constitutional documents and valid regulations, and a subsequent regulation by the company in general meeting does not retroactively invalidate a prior valid Board act. en-us Fri, 13 May 2011 11:16:39 +0530 Fri, 13 May 2011 11:16:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12627 The provision grants the Board of Directors authority to exercise all powers and do all acts the company may undertake, but prohibits the Board from exercising powers or performing acts reserved by statute, the memorandum or articles, or other law to the company in general meeting; the Board must in exercising powers comply with statutory provisions, the constitutional documents and valid regulations, and a subsequent regulation by the company in general meeting does not retroactively invalidate a prior valid Board act. Act-Rules Companies Law Fri, 13 May 2011 11:16:39 +0530 https://www.taxtmi.com/acts?id=12627