NHB Act 45Chapter VII · Miscellaneous
Section 45 · Defects in appointment not to invalidate acts, etc
Text size — level 1 of 4
(1) No act or proceeding of the Board
or of any committee of the National Housing Bank shall be questioned on the ground merely of the
existence of any vacancy in, or defect in the constitution of, the Board or the committee, as the case
may be.
(2) No act done by any person acting in good faith as a director of the Board or as a member of a committee of the National Housing Bank shall become invalid merely on the ground that he was disqualified to be a director or that there was any other defect in his appointment.
(2) No act done by any person acting in good faith as a director of the Board or as a member of a committee of the National Housing Bank shall become invalid merely on the ground that he was disqualified to be a director or that there was any other defect in his appointment.
Your private note on this section
Only you can see this note.