Section 180: Ratification of certain actions of directors
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.
180. Ratification of certain actions of directors
(1) The purported exercise by a director or the Board of a company of a
power vested in the shareholders or any other person may be ratified or approved by those shareholders or that person in the same manner in which
the power may be exercised.
(2) The purported exercise of a power that is ratified under subsection (1) shall be deemed to be, and always to have been, a proper and valid
exercise of that power.
[Issue 3] C35 – 114
Revised Laws of Mauritius
PART XIII – ADMINISTRATION OF COMPANIES
Sub-Part A – Authority to bind Company
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Questions this section answers
- Can shareholders ratify a director's action that exceeded their powers?