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Mumbai University · FY LLB · Sem II
State any three powers of a company director.
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State any three powers of a company director.
Q1Short Answers — Answer in one or two sentencesAttempt Any Six • 2 marks each • Total: 12 marks2025
(e)State any three powers of a company director.

Under Section 179 of the Companies Act, 2013, three powers exercisable only at a Board meeting are:

  1. Power to issue debentures — the Board may issue debentures on terms it deems fit.
  2. Power to borrow money — the Board may borrow moneys for the company (other than by debentures).
  3. Power to invest funds — the Board may invest the funds of the company in accordance with law.