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Section 129: Management of company

Companies Act · PART XI: DIRECTORS AND THEIR POWERS AND DUTIES

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

129. Management of company (1) The business and affairs of a company shall be managed by, or under the direction or supervision of, the Board. (2) The Board shall have all the powers necessary for managing, and for directing and supervising the management of, the business and affairs of the company. (3) Subsections (1) and (2) shall be subject to any modifications, adaptations, exceptions, or limitations contained in this Act or in the company’s constitution.

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