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Companies Act Section 179. Powers of Board (3) The Board of Directors of a company shall exercise the following powers on behalf of the company by means of resolutions passed at meetings of the Board, namely:— (a) to make calls on shareholders in respect of money unpaid on their shares ; (b) to authorise buy-back of securities under section 68; (c) to issue securities, including debenture , whether in or outside India; (d) to borrow monies; (e) to invest the funds of the company; (f) to grant loans or give guarantee or provide security in respect of loans; (g) to approve financial statement and the Board’s report; (h) to diversify the business of the company; (i) to approve amalgamation, merger or reconstruction; (j) to take over a company or acquire a controlling or substantial stake in another company; (k) any other matter which may be prescribed.
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
Which of the following are the components that are required to be estimated for credit risk quantification?
1. Probability of default
2. E...
Job ___________ is the process of describing jobs and arranging their interrelationships.
When a company's current ratio stands at 2:1, indicating it has double the amount of current assets as liabilities, how does purchasing goods on credit ...
Which among the following is the act of taking on a risk for a fee?
Which of the following is a major risk for MSMEs that is caused by delays in payments from large customers and the accumulation of receivables?
What is the name of the short-term advance given by the RBI to the government if it shows the negative balance?
According to the Union Budget 2023-24, consider the following statements.
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomesâ...
Mr. X has purchased an index option with a strike price of ₹3000. What will be his net gain or loss if the price of the index at maturity is ₹2660 a...
What percentage of the project cost is covered for design projects under MSME-Innovative for Micro Enterprises? Â