Complied AIComplied AIBack to law libraryReading nowCompanies Act, 201330 chapters · 517 sections
Chapters30
    • ¶Chapter 12 overview
    • 173Meetings of Board
    • 174Quorum for meetings of Board
    • 175Passing of resolution by circulation
    • 176Defects in appointment of directors not to invalidate actions taken
    • 177Audit Committee
    • 178Nomination and Remuneration Committee and Stakeholders Relationship Committee
    • 179Powers of Board
    • 180Restrictions on powers of Board
    • 181Company to contribute to bona fide and charitable funds, etc
    • 182Prohibitions and restrictions regarding political contributions
    • 183Power of Board and other persons to make contributions to national defence fund, etc
    • 184Disclosure of interest by director
    • 185Loan to directors, etc
    • 186Loan and investment by company
    • 187Investments of company to be held in its own name
    • 188Related party transactions
    • 189Register of contracts or arrangements in which directors are interested
    • 190Contract of employment with managing or whole-time directors
    • 191Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares
    • 192Restriction on non-cash transactions involving directors
    • 193Contract by One Person Company
    • 194Prohibition on forward dealings in securities of company by director or key managerial personnel
    • 195Prohibition on insider trading of securities
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  1. Chapter 12

Chapter 12

Meetings of Board and Its Powers

23 sections (173–195)

  • 173Meetings of Board
  • 174Quorum for meetings of Board
  • 175Passing of resolution by circulation
  • 176Defects in appointment of directors not to invalidate actions taken
  • 177Audit Committee
  • 178Nomination and Remuneration Committee and Stakeholders Relationship Committee
  • 179Powers of Board
  • 180Restrictions on powers of Board
  • 181Company to contribute to bona fide and charitable funds, etc
  • 182Prohibitions and restrictions regarding political contributions
  • 183Power of Board and other persons to make contributions to national defence fund, etc
  • 184Disclosure of interest by director
  • 185Loan to directors, etc
  • 186Loan and investment by company
  • 187Investments of company to be held in its own name
  • 188Related party transactions
  • 189Register of contracts or arrangements in which directors are interested
  • 190Contract of employment with managing or whole-time directors
  • 191Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares
  • 192Restriction on non-cash transactions involving directors
  • 193Contract by One Person Company
  • 194Prohibition on forward dealings in securities of company by director or key managerial personnel
  • 195Prohibition on insider trading of securities
Chapter 11Appointment and Qualifications of DirectorsChapter 13Appointment and Remuneration of Managerial Personnel