Section 27: Capacity and powers

27. Capacity and powers (1) Subject to this Act and to any other enactment, a company shall have, both within and outside Mauritius— (a) full capacity to carry on or undertake any business or activity, do any act, or enter into any transaction; and (b) for the purpose of paragraph (a), full rights, powers, and privileges. (2) Without in any way derogating from the generality of subsection (1), and notwithstanding the provisions of any other enactment, a company, although not formed under authentic deed, shall be capable of giving and entering into and being bound by and claiming all rights under a deed or mortgage or other instrument. (3) The constitution of a company may contain a provision relating to the capacity, rights, powers, or privileges of the company only if the provision restricts the capacity of the company or those rights, powers, and privileges.