Section 181: Method of contracting

181. Method of contracting (1) A contract made on behalf of a company— (a) which, where made between private persons, would be required to be in writing, may be made on behalf of the company in writing— (i) signed by the company; or (ii) by any person acting under its authority express or implied, and may in the same manner be varied or discharged; (b) which, where made between private persons, would be valid if made orally, may be made orally on behalf of the company by any person acting under its authority, and may in the same manner be varied or discharged. (2) Nothing in subsection (1) shall limit or prevent a company from entering into a contract or other enforceable obligation in writing. (3) Subsection (1) shall apply to a contract or other obligation— (a) whether or not that contract or obligation was entered into in Mauritius; and (b) whether or not the law governing the contract or obligation is the law of Mauritius. [S. 181 amended by s. 4 (d) of Act 4 of 2017 w.e.f. 20 May 2017.]