COMPANIES ACT, 1929 
/ 
Proceedings of Directors 
81. The directors may meet together for the despatch of business, 
adjourn, and otherwise regulate their meetings, as they think fit. 
Questions arising at any meeting shall be decided by a majority of 
votes. In case of an equality of votes the chairman shall have a 
second or casting vote. A director may, and the secretary on the 
requisition of a director shall, at anv time summon a meeting of the 
directors. 
82. The quorum necessary for the transaction of the business of 
tie directors may be fixed by the directors, and unless so fixed shall 
when the number of directors exceeds three be three, and when the 
number of directors does not exceed three, be two. 
83..The continuing directors may act notwithstanding any 
vacancy in their body, but, if and so long as their number is reduced 
below the number fixed by or pursuant to the regulations of the 
company as the necessary quorum of directors, the continuing 
directors may act for the purpose of increasing the number of 
directors to that number, or of summoning a general meeting of the 
company. but for no other purpose. 
84. The directors may elect a chairman of their meetings and 
determine the period for which he is to hold office; but if no such 
chairman is elected, or if at any meeting the chairman is not present 
within five minutes after the time appointed for holding the same, 
the directors present mav choose one of their number to be chairman 
nf the meeting. 
85. The directors may delegate any of their powers to com- 
mittees consisting of such member or members of their body as they 
think fit; any committee so formed shall in the exercise of the 
powers so delegated conform to anv regulations that mav be imposed 
on it bv the directors. 
86. A committee may elect a chairman of its meetings; if no 
such ‘chairman is elected, or if at any meeting the chairman is not 
present within five minutes after the time appointed for holding the 
same, the members present may choose one of their number to be 
chairman of the meeting. 
87. A committee may meet and adjourn as it thinks proper. 
Questions arising at any meeting shall be determined by a majority 
of votes of the members present, and in case of an equality of votes 
tie chairman shall have a second or casting vote. 
88. ‘All acts done by any meeting of the directors or of a com- 
mittee of directors, or by any person acting as a director, shall, 
notwithstanding that it be afterwards discovered that there was 
some defect in the appointment of any such director or person acting 
as aforesaid, or that they or any of them were disqualified, be as 
valid as if every such person had been dulv appointed and was 
aaalified to be a director