[Solved] Sec.291 of the Company Act 1956, has clarified that.

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Q.	Sec.291 of the Company Act 1956, has clarified that.
A.	the directors are subordinate to the overall majority of the shareholders.
B.	the board of directors shall exercise all such powers and do all such acts as the company is authorized to exercise or to do subject to the restrictions contained in the act, memorandum and articles.
C.	the shareholders cannot interfere with the conduct of management in any way.
D.	all the above.
Answer» B. the board of directors shall exercise all such powers and do all such acts as the company is authorized to exercise or to do subject to the restrictions contained in the act, memorandum and articles.

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