what are the Rights Of Directors
Answers
Answer:
Rights Of Directors are
Explanation:
Rights Of Directors
Rights that can only be exercised by passing resolutions at a Board meeting (Section 292
Power to make calls on shareholders for money unpaid on their shares that have not been paid.
The authority to issue debentures
Ability to borrow money in a way other than by debentures
The authority to invest the company's funds
Having the ability to make loans
Certain limitations on the Board's general powers can be enforced, and in those situations, the Board must obtain shareholder approval at General Meetings. Restrictions are dealt with in parts 293, 294AA, and so on.
Such rights, such as Section 294AA (appointment of sole selling agents) and Section 295 (Loans to Directors), can only be exercised with the consent of the shareholders and the Central Government.
Answer:
Right of Directors
Explanation:
Rights that can only be exercised by passing resolutions at a board meeting.
power to make calls on shareholders for money unpaid on their shares that have not been paid.
the authority to issue debentures.
ability to borrow money in a way other than by debentures