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प्रश्न
Answer in brief:
State any four powers of the Board of Directors.
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उत्तर
Powers of Board of Directors:
(1) Board of Directors has the power to borrow money. For expansion, modernization, and development of the company by applying to the bank for loan and overdraft facility, by the issue of debentures of different types and by the issue of bonds.
(2) It has the power to invest surplus or idle funds in short term or long term securities as per the requirement of the company.
(3) It has the power to appoint or remove key managerial personnel (KMP) such as managing director, company secretary, chief financial officer, etc.
(4) It has the power to fill casual vacancies by appointing additional, alternate or co-opted directors;
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ is required to work under the superintendence, control, the guidance of the Boat.
Select the correct answer from the options given below and rewrite the statement.
_________ need not be a director of the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-l
Answer in one sentence.
What is the importance of Secretarial Standards?
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Correct the underlined word and rewrite the following sentence:
Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Independent Director.
Explain the following Term/Concept:
Alternate Director.
Distinguish between the following:
Managing Director and Whole Time Director
Answer in brief:
State the Statutory Duties of a Company Secretary.
Justify the following statement:
Directors are Managing Partners.
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
DIN helps investors of the company.
Justify the following statement:
A Director cannot be called an employee of the company.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Write a word or a term or a phrase which can substitute the following statement:
This KMP signs document of the company requiring authentication by the company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
