law: Life Insurance Corporation Act, 1956 
  46. Defects in
  
  constitution of Corporation or committees not to invalidate acts or
  
  proceedings.- 
  
  No act or proceeding
  
  of the Corporation or of any Committee of the Corporation shall be called in
  
  question on the ground merely of the existence of any vacancy or defect in the
  
  constitution of the Corporation or Committee, as the case may be.