- 20 Marks
BCL – L1 – Q67 – Company directors and other officers
State limitations on directors' powers and ways a director’s appointment can be terminated under Companies Act 2019.
Question
In accordance with the Companies Act, 2019 (Act 992), the directors shall not, without the approval of an ordinary resolution of the company, exceed the powers conferred on them.
Required:
(a) State THREE (3) limitations on the powers of directors.
(b) Explain THREE (3) ways in which a director’s appointment can be terminated.
Find Related Questions by Tags, levels, etc.
- Tags: Companies Act, Corporate Governance, Directors powers, Limitations, Termination
- Level: Level 1
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