Question Tag: Termination of Directors

Search 500 + past questions and counting.
  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Series

  • Filter by Topics

  • Filter by Levels

BCL – May 2021 – L1 – Q3a – Company Directors and Other Officers

Explanation of the limitations on directors' powers and ways a director's appointment can be terminated.

In accordance with the Companies Act, 2019 (Act 992), the directors shall not, without the approval of an ordinary resolution of the company, exceed the powers conferred on them.

Required:
i) State THREE (3) limitations on the powers of directors. (9 marks)

ii) Explain THREE (3) ways in which a director’s appointment can be terminated. (6 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

BCL – May 2021 – L1 – Q3a – Company Directors and Other Officers

Explanation of the limitations on directors' powers and ways a director's appointment can be terminated.

In accordance with the Companies Act, 2019 (Act 992), the directors shall not, without the approval of an ordinary resolution of the company, exceed the powers conferred on them.

Required:
i) State THREE (3) limitations on the powers of directors. (9 marks)

ii) Explain THREE (3) ways in which a director’s appointment can be terminated. (6 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.