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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.
_________ Is an employee of the company?
Select the correct answer from the options given below and rewrite the statement.
_________ needs a whole time director.
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
Select the correct answer from the options given below and rewrite the statement.
Only a member of ________ Can be a practicing Company Secretary
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:
The nature of the relationship of Director with the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-l
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-3
Explain the following Term/Concept:
Company Secretary
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?
Distinguish between the following:
Director and Managing Director
Answer in brief:
State the Statutory Duties of a Company Secretary.
Justify the following statement:
A Director is an agent of the Company.
Justify the following statement:
Managing Director has substantial powers of management.
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
Answer the following question:
Explain the role of the Company Secretary.
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 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.
