1.Borrowing Powers :

Borrowing powers are the authority granted to a firm to raise finances from outside sources, such as loans or other forms of debt. These authorities are typically outlined in the Memorandum and Articles of Association of the company. Borrowing power is required by businesses to finance their operations, expansion, or capital projects. Borrowing powers often define the maximum amount of debt that a firm can issue, the types of debt instruments that can be issued, and the terms and circumstances of borrowing.

2. Debentures :

Debentures are a sort of financial instrument used by businesses to raise long-term funding from the general public or institutional investors. When you buy a debenture, you are essentially lending money to the firm for a set length of time, in exchange for the corporation promising to pay you regular interest (coupon payments) and repay the principal amount at the maturity date. Debentures are classified as secured or unsecured based on whether they are backed by the assets of the corporation. They provide investors with a fixed income and are thought to be less risky than equities.

3.Board of Directors:

A board of directors is a group of people who are chosen or appointed to represent a company's shareholders and oversee its operations. The board of directors is responsible for determining the firm's strategic direction, making significant decisions, and ensuring that the organization is handled in the best interests of its stakeholders. Board members are obligated to act in good faith, with appropriate care, and in the best interests of the company. They are also responsible for ensuring compliance with laws and regulations, as well as protecting the company's assets.

4.Board Meetings:

Board meetings are official gatherings of the Board of Directors to debate and make decisions on key company concerns. These meetings are normally convened at regular intervals, as established by the bylaws of the organization or as required by applicable legislation. Directors analyze financial data, operational performance, and other pertinent information during board meetings in order to make educated choices regarding the company's future. Board meetings are also used to discuss strategic concerns, define goals, appoint important executives, and assess the company's overall performance.

Minutes are generally taken during board meetings to memorialize the talks, decisions, and action items. These minutes are an official record of the meeting that can be utilized for legal and compliance purposes.