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Section 179. Powers of Board. Effective from 01-04-2014. Regulation 14 (2) (f) of LODR. ( 1) The Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorised to exercise and do:
May 12, 2020 · Section 179 (1) prescribes that the Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorised to exercise and do. But while exercising such power or doing such act or thing, the Board shall be subject to the provisions contained in that behalf in: Act; Memorandum;
Mar 7, 2024 · Section 179 of the Companies Act, 2013 confers the necessary powers to the board so as to run the company smoothly. Section 179 However, such powers are subjected to duly made provisions of the Act, or memorandum, or articles, including the regulations made in the general meeting of a company.
The Act clarifies the responsibilities and powers of the Board of Directors of the Company through Section 179 of the act. It states that the director must act independently when making decisions that are in the best interests of the company.
Aug 22, 2014 · The Companies Act, 2013. Chapter-XII Meetings of Board and Its Powers. Section 179: Powers of Board. * 179. (1) The Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorised to exercise and do:
Jul 10, 2024 · The Companies Act, 2013, particularly Section 179, is crucial in outlining the powers and responsibilities of a company’s Board of Directors. This section authorizes the board to make significant decisions such as borrowing funds, investing company resources, and approving mergers and acquisitions.
According to section 179 of the Companies Act, 2013, the powers of director of a company entitled to make any and all decisions and thus exercise all the power, which the company has authority to enact.
Sep 4, 2023 · Amended and updated notes on section 179 of Companies Act 2013. Detail discussion on provisions and rules related to powers of Board. Chapter XII (Sections 173 – 195 ) of the Companies Act, 2013 (CA 2013) deals with the provisions related to meetings of board and its powers.
Section 179 [ View Judgements ] Powers of Board. 1 [ (1) The Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorised to exercise and do:
In the complex landscape of corporate governance, Section 179 of the Companies Act 2013 stands as a pivotal element, defining the authority and responsibilities of a company's Board of Directors.
