Acts not to be invalidated by vacancy, irregularity etc

No act done or proceedings taken under this Act by the Corporation or a committee appointed by the Corporation shall be invalidated merely on the ground of-

1. (a) any vacancy of a Director or a member, or any defect in the Constitution or reconstitution of the Corporation or a committee thereof; or
2. (b) any defect or irregularity in the appointment of a person as a Director of the Corporation or as a member of a committee thereof; or
3. (c) any defect or irregularity in such act of proceedings, not affecting the substance.