Board of Directors appointed under the Companies Acts 1965 (Revised 1973) stipulates the roles and functions of the Board. Given this, under what circumstances they may have not acted according to the provisions. Explain your answer with relevant examples.

Your answer should cover the following;

1. Introduction

2. State the relevant provision(s)

3. Give relevant examples

4. Discuss and explain in what ways they have not acted according to the provision.

5. Conclusion

6. References