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18. All acts done by any meeting of the directo! -or of a committee of directors or by any person acting as a director shall notwithstanding that it be after- wards discovered that there was some defect in the appointment of any such directors or persons acting as aforesaid or that they or any of them were dis- qualified be as valid as if every such person had been duly appointed and was qualified to be a director.
19. The Board of Directors shall cause minutes to be
made in books provided for the purpose-
(a) of ail appointments of officers made by the
Board;
(b) of all the resolutions and proceedings at all meetings of the Board and of the committees appointed by them.
THE SEAL
20. The seal of the company shall not be affixed to any instrument except by the authority of a resolution of the Board of Directors and in the presence of a director and of the Secretary or such other person as the directors may appoint for the purpose and that director and the Secretary or other person as aforesaid shall sign every instrument to which the seal of the company is so affixed in their presence.
ACCOUNTS
21. The directors shall cause proper books of account
to be kept with respect to-
(a) all sums of money received and expended by the company and the matter in respect of which the receipt and expenditure takes place;
(b) all dealings in property and goods by the
company; and
(c) the assets and liabilities of the company.
22. The books of account shall be kept at the registered office of the company, or at such place or places
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s the directors think fit, and shall always be open to the inspection of the directors.
23. The directors shall from time to time determine whether and to what extent and at what times and places and under what conditions or regulations the accounts and books of the company or any of theni shall be open to the inspection of persons not being directors, and no person (not being a director) shall have any right of inspecting any account or book or document of the company except as conferred by statute or authorised by the directors or by the company in general meeting.
24. The directors shall from time to time in accordance with Section 122 of the Ordinance, cause to be prepared and to be laid before the company in general meeting such income and expenditure ac- counts balance sheets and reports as are required under that section.
25. A copy of every balance sheet (including every document required by law to be annexed thereto) which is to be laid before the company in general meeting together with a copy of the auditor's report shall not less than seven days before the date of the meeting be sent to all persons entitled to receive notices of general meetings of the company.
AUDIT
26. Auditors shall be appointed and their duties re- gulated in accordance with sections 131, 132 and 133 of the Ordinance.
NOTICES
27. A notice may be given by the company to any member either personally or by sending it by post to him to his registered address.
Where a notice is sent by post, service of the notice shall be deemed to be effected by properly addressing, prepaying, and posting a letter contain- ing the notice, and to have been effected at the expiration of 24 hours after the letter containing the same was posted.
28. Notice of every general meeting shall be given in some manner hereinbefore authorised to every mem-
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