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

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प्रश्न

Explain the following Term/Concept:

Non-Executive Director.

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उत्तर

(1) A non-executive director is a member of the company’s Board of Directors who is not part of the executive team. He holds no executive managerial position. A non-executive director does not engage in the day-to-day management of the organization but he involved in policymaking and planning exercises.

(2) A non-executive director is a full-time member of the company’s Board of Directors and responsible as part of the board for the success of the company. The idea behind his appointment is to get new independent ideas, perspectives, second opinion, and alternate voice to the Board.

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Key Managerial Personnel (KMP)
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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. 5) | पृष्ठ १००

संबंधित प्रश्न

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

_________ is required to work under the superintendence, control, the guidance of the Boat.


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

_________ need not be a director of the company.


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

_________ needs a whole time director.


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

Only a member of ________ Can be a practicing Company Secretary


Write a word or a term or a phrase which can substitute the following statement:

The officer responsible for company’s finances


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.


Write a word or a term or a phrase which can substitute the following statement:

Qualification required being a Company Secretary.


Answer in one sentence.
What is the tenure of the ‘Managing Director"?


Explain the following Term/Concept:

Independent Director.


Explain the following Term/Concept:

Executive Director.


Explain the following Term/Concept:

Casual vacancy of a Director.


Distinguish between the following:

Managing Director and Whole Time Director


Justify the following statement:

Directors are Managing Partners.


Justify the following statement:

Directors play a triple role.


Justify the following statement:

Company Secretary plays a triple role.


Justify the following statement:

Secretarial Standards should be in conformity with the Act.


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 in 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.


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