State any four powers of the Board of Directors. – InterviewSolution

1.	State any four powers of the Board of Directors.
Answer» Director is a person appointed to manage, direct and supervise the affairs of the company. The power of the Board of Directors are as follows: To appoint or remove key managerial personnel: The Board of Directors has the power to appoint and remove key managerial personnel. To recommend dividend: The board of directors recommends the dividend to the shareholders. To fill a casual vacancy in the Board: Casual vacancy in the board arises due to different reasons such as the death of a director who is filled by the Board at the Board meeting. To issue securities whether in India or abroad: Board of Director’s issue securities means shares, debentures, bonds) in India and abroad also.

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