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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
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
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The body of elected representatives of company.
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Agents, Trustees and Managing Partners of the company.
Write a word or a term or a phrase which can substitute the following statement:
The nature of the relationship of Director with the company.
Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Correct the underlined word and rewrite the following sentence:
Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Casual vacancy of a Director.
Explain the following Term/Concept:
Chief Financial Officer
Study the following case/situation and express your opinion.
Mr. Z is a member of Institute of Company Secretaries of India:
(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?
(b) Can Mr. Z work as a secretarial Auditor?
(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?
Distinguish between the following:
Director and Managing Director
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
Directors have to work as a team.
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 a document of a company requiring authentication by a 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 in 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.
