[IICA Independent Director] 08, Capital, Borrowing and Shareholder Decisions

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: * How equity financing options like rights issues and private placements impact shareholder dilution differently than debt financing. * The legal distinction between board-level authority and matters requiring general meeting approval by shareholders. * The conceptual roles of ordinary and special resolutions in authorizing capital structure changes and borrowing powers. * Essential approval checklist criteria for corporate guarantees and financial assistance provided to connected entities. * Common exam traps regarding independent director approval versus statutory shareholder vote requirements under the Companies Act and SEBI regulations. This independent educational resource is designed to support candidate preparation for the Online Proficiency Self-Assessment Test for Independent Directors. Practice more questions at https://open-exam-prep.com/practice/in-iica-independent-director and watch video tutorials at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026: https://www.independentdirectorsdatabank.in/self_assessment , https://www.mca.gov.in/ , https://www.sebi.gov.in/legal/regulations.html