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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Under the companies Act, which one of the following powers can be exercised by the Board of Directors? - Commerce

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Question

Under the Companies Act, which one of the following powers can be exercised by the Board of Directors?

Options

  • Power to sell the company’s undertakings.

  • Power to make a call.

  • Power to borrow money in excess of the paid-up capital.

  • Power to reappoint an auditor.

MCQ

Solution

Power to make a call.

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Board of Directors
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Chapter 27: Company Management - Exercise [Page 284]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 27 Company Management
Exercise | Q I. 6. | Page 284
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