Acts of Board not to be invalidated by informality or vacancy

No act done or proceedings taken under this Act by the Board or any committee shall be invalidated merely on the ground,- (a) of any vacancy or defect in the constitution of the Board or the committee; or (b) of any defect or irregularity in the appointment of a person acting as a director thereof; or (c) of any defect or irregularity in such act or proceeding not affecting the merits of the case. (e) such other functions as may be prescribed.

(2) No scheme estimated to cost more than ten lakhs of rupees shall be carried out by the Board except with the previous approval of the State Government.