The power of the Directors grouped into four different heads viz.
(i) Statutory Powers of Directors
(ii) Managerial Powers of Directors
(iii) Powers only with a resolution
(iv) Other Powers
I. Statutory Powers of Directors:
(a) Power to make calls on shareholders in respect of money unpaid on their shares.
(b) Power to issue debentures.
(c) Power to borrow moneys otherwise than on debentures.
(d) Power to make loans·
II. Managerial Powers of Directors:
(a) Power to contract with the third party.
(b) Power to allot, forfeit or transfer shares of the company.
(c) Power to decide the terms and conditions to issue debentures.
(d) Power of Control and supervision of work of subordinates.
III. Powers only with a resolution:
(a) To sell or lease any asset of the company.
(b) To allow time to the director for repayment of the loan.
(c) To borrow money in excess of paid-up Capital and free reserves.
(d) To appoint a sole agent for more than 5 years.
IV. Other Powers:
(a) Power to fill a casual vacancy
(b) Power to appoint the first auditor of the company.
(c) Power to remove Key managerial personnel.
(d) Power to recommend the Interim and final dividend to shareholders

Remuneration Payable by company in case where is no profit or inadequacy of profit without Central Government and to pay remuneration in excess of the above limit is detailed below:

A person shall not be capable of being appointed director of a company, if the director is
(a) Of unsound mind.
(b) An undercharged insolvent.
(c) Has been convicted by a court for any offence involving moral turpitude and sentenced in respect there of to imprisonment for not less than six months.
(d) Has not paid any call in respect of shares of the company held by him, whether alone or jointly with others.
(e) An order disqualifying him for appointment as director has been passed by a court in pursuance of section 203.
(f) He has been convicted of the offence dealing with related party transactions under section 188.
(g) He has not got the Director Identification Number.

 Types of directors as per companies Act, 2013
(i) Residential Director: According to section 149(3)of Companies Act 2013. Every company should appoint a director who has stayed in India for a total Period of not less than 182 days in the previous calender year.
(ii) Independent Director: An independent director is an alternate director other than a Managing Director who is known as Whole Time Director or Nominee Director.
(iii) Small Shareholders Directors: Small shareholders can appoint a single director in a listed company.But this action needs Commerce a proper procedure like handing over a notice to at least 1,000 Shareholders or 1/10th of the total shareholders. 
(iv) Nominee Director: A director nominated by any financial Institution in pursuance of the provisions of any law for the time being in force, or of any agreement, or appointed by any Government, or any other person to represent its interests.
(v) Women Director: There should be at least one woman as a director on the Board.
(vi) Additional Directors: Any Individual can be appointed as Additional Directors by a company.
 

(i) Key-Managerial Personnel of a Company :
Companies Act, 2013 (Act) has introduced many new concepts and Key Managerial Personnel (KMP) is one of them. KMP covers the traditional roles of managing director and whole time director and.also includes some functional heads like Chief Financial Officer and Chief Executive Officer and Company Secretary
(ii) Key Managerial Personnel : Managerial personnel is contained in section 2(51) of the Companies Act, 2013.This Section states:
(a) The Chief Executive Officer
(b) The Managing Director or the Manager
(c) The Company Secretary
(d) The Whole-time Director
(e) The Chief Financial Officer, and
(f) Such other officer as may be prescribed.