Capacity and powers of company
23.—(1)  Subject to the provisions of this Act and any other written law and its constitution, a company has —
(a)full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b)for the purposes of paragraph (a), full rights, powers and privileges.
[36/2014]
(1A)  A company may have the objects of the company included in its constitution.
[36/2014]
(1B)  The constitution of a company may contain a provision restricting its capacity, rights, powers or privileges.
[36/2014]
(2)  [Deleted by Act 17 of 2023 wef 01/07/2023]
(3)  [Deleted by Act 17 of 2023 wef 01/07/2023]
(4)  [Deleted by Act 17 of 2023 wef 01/07/2023]
(5)  [Deleted by Act 17 of 2023 wef 01/07/2023]