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<h1>Board Powers: Resolutions Required for Political Contributions, Managerial Appointments, and Auditor Appointments Under 2014 Rules.</h1> The Companies (Meetings of Board and its Powers) Rules, 2014, outline specific powers that must be exercised by a company's Board of Directors through resolutions passed at board meetings. These powers include making political contributions, appointing or removing key managerial personnel, and appointing internal and secretarial auditors. Several items, such as taking note of certain appointments, director's interests, significant investments, public deposits, and financial statements, were omitted in a 2015 amendment.