Question

3. The Directors are empowered to
appoint:
Additional Directors
ООО
Alternate Directors
Directors filling casual vacancy
all of above​

Answer 1

Answer:

A corporation is a separate legal entity having its own rights and privileges. It is an artificial being existing only in contemplation of law. It cannot function on its own like a human being, as it does not have a mind or body. Hence, it functions through people or individuals like directors.

This is the reason why directors of a company are entitled to exercise all such powers and do all such acts and things as the company is authorised to do. Even though they can exercise all the powers that a company can, except those specifically done in the general meeting, no regulation of a general meeting can invalidate a prior act done by a director. Moreover, shareholders cannot intervene in the usage of powers vested in the directors. The most they can do is amend the articles to restrict their power but that will not have any retrospective effect. Therefore, one can safely assume the directors of a company have enormous powers when it comes to the functioning of a company

Explanation:

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