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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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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.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Public company | 1) Arises due to death of Director |
| b) Private company | 2) Collective Powers |
| c) Secretarial Auditor | 3) Individual Powers to Directors |
| d) Casual Vacancy of a Director | 4) Arises due to additional work |
| e) Powers of the Board | 5) Appointed by Managing Director |
| 6) At least 2 (two) Directors | |
| 7) At least 3 (three) Directors | |
| 8) At least 15 (fifteen) Directors | |
| 9) At least 1 (one) Director | |
| 10) Appointed by the Board |
State whether the following statement is True or False.
A large number of shareholders necessitates the company to have a separate managerial body.
State whether the following statement is True or False.
The maximum number of Directors allowed to a company is 15 (fifteen).
State whether the following statement is True or False.
DIN is required for Secretaryship.
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.
Only individuals can be directors.
State whether the following statement is True or False.
The casual vacancy of the Board is filled by the members.
State whether the following statement is True or False.
To function as per the Articles of Association of the company is the statutory duty of the Board.
State whether the following statement is True or False.
Managing Director is appointed by a resolution.
Find the odd one.
Complete the sentence.
Separate ownership and management is a unique feature of_______
Complete the sentence.
Minimum number of Directors for a private company should be_______
Complete the sentence.
At least one Woman Director is required by ______ company.
Complete the sentence.
Casual vacancy on Board is filled by _______.
Complete the sentence.
First Secretary is appointed by _______.
