Section 51

A company having a share capital shall have at least three directors. The company may, by its articles, increase or reduce the number of directors. The directors may be appointed by the company in general meeting or by the board of directors. The first directors of a company shall be appointed by the subscribers to the memorandum and such appointment shall be effective notwithstanding that the company has not been registered. The directors shall hold office for such period as may be prescribed and shall be eligible for reappointment. The company shall, within a period of thirty days from the date of its incorporation, file with the Registrar a return of the first directors of the company.