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प्रश्न
Explain the following Term/Concept:
Secretarial Audit
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उत्तर
(1) Secretarial Audit is an audit to check implementation (compliance) of various legislations including the Companies Act and other corporate and economic laws applicable to the company. It is a mechanism to monitor compliance requirements. It aims at detecting mistakes or errors in the compliance mechanisms.
(2) Secretarial Audit helps the company to avoid risks and losses due to non-compliance. It creates confidence among regulators, management, and stakeholders that the company is following a disciplined approach of evaluation and improve effectiveness, risk management, control, and governance.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ Is an employee 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 body of elected representatives of company.
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.
Answer in one sentence.
Who provides guidance to the Board of Directors?
Explain the following Term/Concept:
Executive Director.
Explain the following Term/Concept:
Casual vacancy of a Director.
Study the following case/situation and express your opinion.
Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :
(a) Is he required to obtain DIN?
(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification
(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?
Study the following case/situation and express your opinion.
Mr. M wishes to be the Managing director of QRS Ltd:
(a) The age of Mr. M is 30 years. Can he be appointed as MD of a company?
(b) Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd.?
(c) For how long a period QRS Ltd. can appoint Mr. M. as Managing Director?
Distinguish between the following:
Managing Director and Whole Time Director
Answer in brief:
State the Statutory Duties of a Company Secretary.
Justify the following statement:
A Director cannot be called an employee of the company.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
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 the company requiring authentication by the 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.
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.
