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प्रश्न
Explain the following term/concept:
Director
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उत्तर
(1) The elected representatives of the shareholders are called Directors of the company. The shareholders vest in them all the powers of managing the affairs of the company. In the company management, the role of Directors is threefold. Via (a) as the agents of the company (b) as the trustees of the company and (c) as the managing partners.
(2) The directors occupy a key (important) position in the management of the company. They are responsible for decision making. Framing policies and plans. They exercise their powers and authorities collectively as a Board. They sometimes do not remain in the company’ office. So they ask for the information from the secretary, which helps them to make proper decisions.
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संबंधित प्रश्न
Select the correct answer from the option given below and rewrite the statement:
___________ looks after the management of a company.
Select the correct answer from the option given below and rewrite the statement:
Every company except CFO and the small company shall hold minimum ______ Board Meetings in each year.
Select the correct answer from the option given below and rewrite the statement:
The gap between two consecutive Board Meetings should not be more than ______ days.
Write a word or a term or a phrase which can substitute the following statement.
An elected body of representatives of Shareholders.
Write a word or a term or a phrase which can substitute the following statement.
An employee of a company who provides guidance and advice to the Board of Director about business matters.
Write a word or a term or a phrase which can substitute the following statement.
A meeting of all the directors of a company.
State whether the following statement is true or false:
A director can be removed before the expiry of his term.
State whether the following statement is true or false:
Directors act as agents and trustees of the company.
State whether the following statement is true or false:
Company Secretary need not attend the board meetings.
Attempt the following.
Draft the notice and agenda of routing board meeting.
Answer in brief:
Under what circumstances will a Secretary correspond with a Director?
Explain the following term/concept:
Initiative
Explain the following term/concept:
Conciseness
Explain the following term/concept:
Board of Directors.
Correct the underline words and rewrite the following statement:
Secretary is responsible for decision making and framing policies of a company.
Answer in one sentence:
Can a Director who was absent at Board Meeting get a copy of minutes of that Board Meeting?
Answer in one sentence:
When does a Director vacate his office due to absenteeism at Board Meeting?
Write a letter to the director requesting him to disclose his personal interest in a contract.
