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प्रश्न
Explain the following Term/Concept:
Independent Director.
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उत्तर
(1) As per Section 149 of the Companies Act. 2013. "Any director other than a Managing Director, Whole Time Director, or a Nominee Director is an Independent Director." He holds office for a term up to 5 consecutive years and is eligible for reappointment. He is expected to possess skills, experience, and knowledge of different fields like law, management. sales, market, administration, corporate governance, and technical process (operation) concerning the company‘s business.
(2) In a listed Public Company, 1/3 % of its total number of directors should independent directors. In other public company at least 2 directors should be independent directors. He cannot hold office for more than 2 consecutive terms.
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संबंधित प्रश्न
Write a word or a term or a phrase which can substitute the following statement:
The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.
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Audit which checks compliances of different legislations.
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This KMP signs document of the company requiring authentication by the company.
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The nature of the relationship of Director with the company.
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Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Alternate Director.
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Chief Financial Officer
Explain the following Term/Concept:
Secretarial Standard
Answer in brief:
State any four powers of Managing Directors.
Justify the following statement:
A Director is an agent of the Company.
Justify the following statement:
Directors have to work as a team.
Justify the following statement:
Managing Director has substantial powers of management.
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Indian companies prefer to appoint a M. D. than Manager.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Answer the following question:
Explain the role of the director?
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs a document of a company requiring authentication by a company.
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.
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.
