The Companies Act

Meetings of Board

Quorum for meetings of Boar

Passing of resolution by circulatio

Defects in appointment of directors not to invalidate actions take

Audit committee

Nomination and Remuneration Committee and Stakeholders Relationship Committee

Powers of Board

Restrictions on powers of Board

Company to contribute to bona fide and charitable funds, etc

Prohibitions and restrictions regarding political contribution

Power of Board and other persons to make contributions to national defence fund, etc

Disclosure of interest by director

Loan to directors, et

Loan and investment by compan

Investments of company to be held in its own name

Related party transactions

Register of contracts or arrangements in which directors are intereste

Contract of employment with managing or whole-time director

Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares

Restriction on non-cash transactions involving directors

Contract by One Person Company

Prohibition on forward dealings in securities of company by director or key managerial personne

Prohibition on insider trading of securities


MEETINGS OF BOARD AND ITS POWERS


The Board of Directors of a
company may contribute to bona fide charitable and other funds:

Provided that prior permission of the company in general meeting shall be required for such
contribution in case any amount the aggregate of which, in any financial year, exceed five per cent. of its
average net profits for the three immediately preceding financial years.


LAWGIST

# 181 Company to contribute to bona fide and charitable funds, etc