The Board of Directors of ABV Limited is desirous to delegate some of its powers to its committee of directors as they find it difficult to manage everything on their own. The Board of Directors are confused between the various powers of the Board as which power can be delegated or not. Advice the Board amongst the following powers which they can delegate to its committee of directors: - Study24x7
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Finance/CA
40 followers study24x7 09 Apr 2021 03:53 PM study24x7 study24x7

The Board of Directors of ABV Limited is desirous to delegate some of its powers to its committee of directors as they find it difficult to manage everything on their own. The Board of Directors are confused between the various powers of the Board as which power can be delegated ...

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A

To authorise buy-back of securities

B

To invest the funds of the company

C

To diversify the business of the company

D

To take over a company or acquire a controlling or substantial stake in another company

MBA/Management CLAT/CE-Law Finance/CA
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