Directors - meaning, types (executive, non-executive, independent, additional, alternate, nominee, women, small shareholder), DIN; appointment, qualification, disqualification (S. 164), vacation (S. 167), removal (S. 169); legal position, duties (S. 166), rights, liabilities; loans to directors (S. 185), loans/investments by company (S. 186), related party transactions (S. 188); Board - constitution, powers, meetings; committees (Audit, Nomination & Remuneration, Stakeholders Relationship), charitable & political contributions; KMP (MD, WTD, Manager, CEO/CFO/CS); appointment, remuneration & managerial personnel; prevention of oppression & mismanagement (Ss. 241-246), majority rule, Foss v. Harbottle & exceptions, class action (S. 245); reconstruction, amalgamation, merger, demerger; investigation.