Companies Act, 1973 (Act No. 61 of 1973)

Where minutes have been made of the proceedings at any general meeting of a company, in accordance with the provisions of section 204, the meeting shall be deemed to have been duly held and convened and all proceedings had thereat to have been duly had and all appointments of directors, managers, liquidators, auditors and officers shall be deemed to be valid, until the contrary is proved.