Directors are _________ of the Powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.

Related MCQs

• The quorum for a meeting of the board of directors shall be ________ of its total strength or 2 directors, whichever is higher.
• __________ is a process or set of systems and processes to ensure that a company is managed to suit the best interests of all those who are interested in the well being of the company.
• The managing directors hold the _______ shares of the company.
• Minimum number of directors in public company is ______
• Minimum number of directors in private company is _________
• The company agrees that the remuneration of non-executive directors shall be decided by _______
• Sec ________ of the companies Act, 1956 states that a company means "a company formed and registered under this Act, or an existing company"
• When one company controls the management of another company, the former is called a __________ company.
• ______ lays down the objects and powers of the company.
• When a director voluntarily remains absent from the three consecutive meetings of the Board of Directors, and