4 with approval or direction of the company’s board of directors, to commence, prosecute, defend and carry to completion all actions or legal proceeding in thai courts or before other thai government authorities, in which the company might have involved any parties and, if it shall seem wise in the discretion of the said attorney, to compromise, refer to arbitration, or take such other steps as may be suitable in the foregoing including to receive money or properties from any court or government authorities