1[( 1 ) Any director elected under Clause (d) of Section 10 may, by giving notice in writing to the Chairman of the B oard, resign from hi s office and on such resignation being accepted, shall be deemed to have vacated hi s office.]
( 2 ) A casual vacancy in the office of an elected director shall be filled by election and a director so elected shall hold office for the unexpired portion of the term of hi s predecessor.
( 3 ) No act or proceeding of the B oard shall be questioned on the ground mere ly of the existence of any vacancy in, or any defect in the constitution of the B oard.
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1. Substituted by Act 39 of 2000, section 11, for sub-sections (1) and (1A) (w.e.f. 5-9-2000). Subs-section (1A) was Inserted by Act 56 of 1956, section 8 (w.e.f. 1-10-1956).