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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:
Representatives of shareholders are __________.
Select the correct answer from the option given below and rewrite the statement:
The Directors take decisions at ______ meeting.
Select the correct answer from the option given below and rewrite the statement:
According to Section 167(1) ((b) of the Companies Act, 2013 if a director absents himself from all the meetings of the Board. for a period of ______ months or more. with or without the leave of the Board, he shall be deemed to have vacated his office.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Directors | 1) At least 2 Directors |
| b) Absenteeism of Director in Board Meetings | 2) At least 3 Directors |
| c) Public Company | 3) Disqualification of director |
| d) Private Company | 4) Representatives of shareholders |
| e) Notice of a Routine Board Meeting | 5) 21 clear days |
| 6) 7 days | |
| 7) 70 days | |
| 8) Representative of public | |
| 9) At least 20 directors | |
| 10) At least 30 directors |
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 written invitation was given to the Director to attend the meeting.
State whether the following statement is true or false:
A director can be removed before the expiry of his term.
Select the correct option from the bracket:
| Group A | Group B |
| _____________ | Meeting of all directors |
Select the correct option from the bracket:
| Group A | Group B |
| Duty of directors | ______________ |
Complete the sentence.
The elected representatives of the shareholders are called as _________
Attempt the following.
Draft the notice and agenda of routing board meeting.
Write a letter to the director who was absent for a board meeting to inform him about proceeding of the meeting.
Justify the following statement:
The secretary should take certain precaution while corresponding with directors
Justify the following statement:
Directors exercise their powers and authorities collectively as a Board.
Complete the sentence.
The notice period for Board Meeting shall not be less than _______
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.
