Multiple choice

The provisions in respect of enhancing the borrowing powers of the Board of a public limited company or subsidiary of a public limited company, by the shareholders, are given in section _____ of the Companies Act 2013.

  1. 125

  2. 163

  3. 180

  4. 194

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The borrowing powers of the Board of a public limited company are defined under section 180 ("Restrictions on powers of Board") of the Companies Act 2013.