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Explain the following Term/Concept: Director. - Secretarial Practice

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प्रश्न

Explain the following Term/Concept:

Director.

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उत्तर

(1) Section 2 (34) of the Companies Act, 2013 defines “a Director means a director appointed to the Board of the Company”. He is a person appointed to manage, direct, governor control, and supervise the affairs of the company. Only an individual and not a body corporate, association, or firm can act as a director. Directors are the men of commercial skill and business tact.

(2) Directors are authorized by the shareholders to utilize the capital, acquire the assets, and appoint capable personnel to conduct the affairs of the Company. A director works in a number of capacities Viz. as an agent, as a trustee, and as a managing partner.

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अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

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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 2. 1) | पृष्ठ १००

संबंधित प्रश्न

Select the correct answer from the options given below and rewrite the statement.

________Comprises of a team of Director.


Select the correct answer from the options given below and rewrite the statement.

________ can be a director.


Select the correct answer from the options given below and rewrite the statement.

Up to _______ as maximum directors are allowed to a company.


Select the correct answer from the options given below and rewrite the statement.

_______ Powers are the powers given to the Board under the Act.


Match the pairs:

Group ‘A’ Group ‘B’
a) Board of Directors 1) Nominated by the Board
b) Managing Director 2) Assists and advises the Board
c) Company Secretary 3) Automatic Appointment
d) First Directors 4) Appointed by ROC
e) Alternate Director 5) Extensive Powers of management
  6) Substantial Powers of management
  7) Appointed by Promoter
  8) Assists and Advises the Government
  9) Negligible Powers of management
  10) Nominated by Council

State whether the following statement is True or False.

DIN is required for Secretaryship.


State whether the following statement is True or False.

Executive Director is called as outside Director.


State whether the following statement is True or False.

Promoter of a company cannot be the Independent Director.


State whether the following statement is True or False.

A Director is an employee of the company.


State whether the following statement is True or False.

A company may appoint more than one M. D.


State whether the following statement is True or False.

Indian companies prefer a Managing Director over a Manager.


Complete the sentence.

Minimum number of Directors for a private company should be_______


Complete the sentence.

Minimum number of Directors for a public company should be _______


Complete the sentence.

At least one Woman Director is required by ______ company.


Select the correct option from the bracket:

Group A Group B
Rotational Director __________

Select the correct option from the bracket:

Group A Group B
____________ Alternate Director

Select the correct option from the bracket:

Group A Group B
______ First Director

Answer the following question:

Explain the duties of the Director.


Answer the following question:

Explain the Managing Directors.


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