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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.2 Marks
Question
How is the Managing Director empowered ?
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Answer

Statutory powers are those powers which can be exercised by the Board of Directors by means of resolutions passed at Board meetings.

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