Business Studies

State the following statement is True or False:
The authority which directs and manages the affairs of a company is the Board of directors.


Answer & Solution

True


SOLUTION
Subject to the provisions of the Companies Act 2013, the Board of Directors of a company shall be entitled to exercise all such powers, and to do all such acts and things, as the company is authorized to exercise and do.
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TRUE/FALSE Medium Published on 18th 08, 2020
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