Who is Board of
Director (BOP) and power of BOD
Introduction
A person who purchase
shares of company is called shareholder. Board of Director is nothing but
representative of share holder. Board of director is also considered a member
of company. The selection of board of director is based on selection of
shareholders of company. Board of Director also called them management of
company. In private company there are minimum two and Public Limited company
there are minimum three Board of Director are required.
Power of Board of Director
Board of Director has power to control shareholders of company.
Board of Director has power to play a role as representative.
Board of director has power to take important decision of company.
Board of Director has power to decide authorise capital that is shares capital of company.
Board of director has power to decide borrowed capital of company that is debenture.
Board of Director has power to take investment decision.
Board of Director has power to appoint or remove important personality and employee of company.
Board of Director has power to check and sign important documents of company.
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