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प्रश्न
Answer in brief:
State any four powers of Managing Directors.
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उत्तर
- He has the authority to preside over board meetings and actively participate in shaping the company’s policies. He is entitled to attend these meetings, vote on all resolutions, and influence major policy decisions.
- He is empowered to raise funds required for business operations and to invest any surplus or idle resources of the company. He can also provide loans as part of normal business activities.
- Additionally, he holds the authority to appoint staff members, oversee and manage the entire workforce, and issue directives to departmental heads and senior executives to ensure the effective execution of board decisions.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ needs a whole time director.
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
Write a word or a term or a phrase which can substitute the following statement:
The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.
Write a word or a term or a phrase which can substitute the following statement:
Agents, Trustees and Managing Partners of the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-l
Correct the underlined word and rewrite the following sentence:
Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Secretarial Standard
Explain the following Term/Concept:
Secretarial Audit
Explain the following term/concept:
The Board of Directors
Study the following case/situation and express your opinion.
Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :
(a) Is he required to obtain DIN?
(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification
(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?
Study the following case/situation and express your opinion.
Mr. M wishes to be the Managing director of QRS Ltd:
(a) The age of Mr. M is 30 years. Can he be appointed as MD of a company?
(b) Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd.?
(c) For how long a period QRS Ltd. can appoint Mr. M. as Managing Director?
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
Answer the following question:
Explain the Company Secretary.
Write a word or a term or a phrase which can substitute of 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.
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.
