All sections · Part VII: Directors · Sub-Part I: Management of companies
128 Management of company
Subject to any modifications or limitations in the company‘s memorandum or
articles —
(a) the business and affairs of a company shall be managed by, or under the
direction or supervision of, the directors of the company; and
(b) the directors of a company have all the powers necessary for managing,
and for directing and supervising, the business and affairs of the
company.
articles —
(a) the business and affairs of a company shall be managed by, or under the
direction or supervision of, the directors of the company; and
(b) the directors of a company have all the powers necessary for managing,
and for directing and supervising, the business and affairs of the
company.