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प्रश्न
Explain the following Term/Concept:
Casual vacancy of a Director.
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उत्तर
(1) Casual vacancy of a director may arise due to different reasons such as death, permanent or temporary disablement, sickness, and resignation, etc. of a director. The Board of directors has to fill up the casual vacancy by appointing additional or opted directors at the Board meeting.
(2) The appointment of additional or co-opted directors is valid only up to the time of the vacating director’s incomplete term.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ need not be a director of the company.
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
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:
Non-Executive Director.
Explain the following Term/Concept:
Secretarial Standard
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. 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:
Managing Director and Whole Time Director
Answer in brief:
Mention any four ways in which the office of a Direction becomes vacant.
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:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
Directors play a triple role.
Justify the following statement:
Company Secretary plays a triple role.
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.
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 company requiring authentication by company.
