Board and committees meetings
Querist : Anonymous
Can a board delegate powers to Chairman to form committee as per companies act?
A committee of board of directors should be constituted through a board resolution in a validly hold board meeting.
Querist : Anonymous
Does companies act restrict such delegation if company in a board meeting and as per AOA has passed such a resolution?
Thanks for your advice
Board meeting which delegate said power may also constitute committee itself.
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