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Under the companies Act, which one of the following powers can be exercised by the Board of Directors?
  • a)
    Power to sell the company’s undertakings.
  • b)
    Power to make call.
  • c)
    Power to borrow money in excess of the paid up capital.
  • d)
    Power to reappoint an auditor.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Under the companies Act, which one of the following powers can beexerc...
- Board of Directors' Powers: The Board of Directors has various powers under the Companies Act, which include managing the company's affairs and making key financial decisions.

- Power to Make Calls: The power to make calls refers to the authority to demand payment from shareholders on unpaid amounts of their shares, as per the terms of issue. This is a routine operational decision that the board can make.

- Other Options: Selling the company’s undertakings or borrowing money in excess of paid-up capital generally requires shareholders' approval. Reappointing an auditor typically involves both the board and shareholders. Hence, "B: Power to make call" is correct.
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Under the companies Act, which one of the following powers can beexerc...
's assets
b)Power to change the company's name
c)Power to issue new shares
d)Power to declare dividends to shareholders
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Under the companies Act, which one of the following powers can beexercised by the Board of Directors?a)Power to sell the company’s undertakings.b)Power to make call.c)Power to borrow money in excess of the paid up capital.d)Power to reappoint an auditor.Correct answer is option 'B'. Can you explain this answer?
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Under the companies Act, which one of the following powers can beexercised by the Board of Directors?a)Power to sell the company’s undertakings.b)Power to make call.c)Power to borrow money in excess of the paid up capital.d)Power to reappoint an auditor.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Under the companies Act, which one of the following powers can beexercised by the Board of Directors?a)Power to sell the company’s undertakings.b)Power to make call.c)Power to borrow money in excess of the paid up capital.d)Power to reappoint an auditor.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under the companies Act, which one of the following powers can beexercised by the Board of Directors?a)Power to sell the company’s undertakings.b)Power to make call.c)Power to borrow money in excess of the paid up capital.d)Power to reappoint an auditor.Correct answer is option 'B'. Can you explain this answer?.
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