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Answer in brief: State any four powers of Managing Directors. - Secretarial Practice

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प्रश्न

Answer in brief:

State any four powers of Managing Directors.

संक्षेप में उत्तर
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उत्तर

  1. 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.
  2. 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.
  3. 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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Key Managerial Personnel (KMP)
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अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १०१]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 5. 4) | पृष्ठ १०१

संबंधित प्रश्न

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:

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:

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


Correct the underlined word and rewrite the following sentence:

Public company must have minimum 15 Directors.


Explain the following Term/Concept:

Managing Director.


Explain the following Term/Concept:

Independent Director.


Explain the following Term/Concept:

Executive 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 play a triple role.


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 company requiring authentication by company.


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 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.


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