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Section 6

Articles and Memorandum of Association

of Promotion of Commercial Agriculture and Agro-based Industries Ordinance, 2004

State OrdinanceIn forceProvision 6 of 12
Section 6

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(1)

The Articles and Memorandum of Association of the

Company shall conform with the provisions of this Ordinance.

(2)

Without prejudice to subsection (1), the Company shall, in addition to the powers prescribed in its Memorandum of Association, have such powers and may carry out such duties, activities and functions as are prescribed by this Ordinance.

(3)

Notwithstanding any provisions in its Articles of

Association or other written laws, the Company shall give effect to all directions given to the Company by the Council pursuant to section 3(2)(b).

(4)

The undertaking of any activity, business or investment shall be deemed to be within the powers of the Company to undertake notwithstanding the absence of any express provisions in the

Memorandum of Association of the Company to this effect.

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