Save as otherwise expressly provided in this Act—
(a) the provisions of this Act shall have effect notwithstanding anything to the contrary contained in the memorandum2(56) Memorandum means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act or ArticlesArticles means the articles of association of a Company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act of a CompanyCompany means a company incorporated under this Act or under any previous company law, or in any agreement executed by it, or in any resolution passed by the company in general meeting or by its Board of DirectorsBoard of Directors, in relation to a company, means the collective body of the directors of the company, whether the same be registered, executed or passed, as the case may be, before or after the commencement of this Act; and
(b) any provision contained in the memorandum, articles, agreement or resolution shall, to the extent to which it is repugnant to the provisions of this Act, become or be void, as the case may be.