MGT-14 Filing: Mandatory and Non-Mandatory Scenarios

(b) to authorise buy-back of securities under section 68;

(c) to issue securities, including debenture , whether in or outside India;

(d) to borrow monies;

(e) to invest the funds of the company;

(f) to grant loans or give guarantee or provide security in respect of loans;

(g) to approve financial statement and the Board’s report;

(h) to diversify the business of the company;

(i) to approve amalgamation, merger or reconstruction;

(j) to take over a company or acquire a controlling or substantial stake in another company;

(k) any other matter which may be prescribed:

(1) to make political contributions;

(2) to appoint or remove key managerial personnel (KMP);

(3) to appoint internal auditors and secretarial auditor;