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Bombay Presidency - Section

Section 4 in Bombay Non-Trading Corporations Act, 1959

4. Act to override memorandum, articles, etc. - Save as otherwise expressly provided in the Act-

(a)the provisions of this Act shall have effect notwithstanding anything to the contrary contained in the memorandum or articles or in any agreement executed by a corporation, or in any resolution passed by it in general meeting or by its Board of directors; and
(b)any provision contained in the memorandum, articles, agreement or resolution aforesaid, shall, to the extent to which it is repugnant to the provisions of this Act, become or be void, as the case may be.