Order affirmed, with costs, for the reasons stated in the memorandum at the Appellate Division ( 105 A.D.2d 726). We add only that the court properly applied the limited exception to the rule of strict compliance with the requirements of the Business Corporation Law (see, e.g., Matter of Rye Psychiatric Hosp. Center, 66 N.Y.2d 333) recognized in Zion v Kurtz ( 50 N.Y.2d 92, 102, rearg denied 50 N.Y.2d 1060).
Concur: Chief Judge WACHTLER and Judges JASEN, MEYER, SIMONS, KAYE and ALEXANDER. Taking no part: Judge TITONE.