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The Companies Act Course Code: SEBICA

POWERS OF BOARD, LOANS TO DIRECTORS, RELATED PARTY TRANSACTIONS.

1 Hour 17 Min. By-Sahil Makkar 209 views
Companies Act-Phase (I & II) Board-powersandMeetings
Lecture Detail:

CHAPTER XII

MEETINGS OF BOARD AND ITS POWERS

- Powers of Board. - Restrictions on powers of Board.

- Company to contribute to bona fide and charitable funds, etc.

- Prohibitions and restrictions regarding political contributions.

- Power of Board and other persons to make contributions to national defence fund, etc.

- Disclosure of interest by director.

- Loan to directors, etc.

- Loan and investment by company.

- Investments of company to be held in its own name.

- Related party transactions.

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