हिंदी

Explain the following term/concept: The Board of Directors

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प्रश्न

Explain the following term/concept:

The Board of Directors

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उत्तर

  1. The directors are the elected representatives of the shareholders who are appointed for directing, governing, or controlling the policy and management of the company. The directors exercise their powers collectively as a board. Thus, the Board of Directors is the policy-framing and decision-making organ of the company.
  2. The top-level management of the company comprises the Board of Directors, which is a group of directors. The Board of Directors is the highest body of the company with extensive powers, consisting of several directors who are experts in different fields and appointed as per the provisions of the Companies Act. The Board of Directors of the company is assisted by several officers such as the Managing Director, Company Secretary, and Chief Financial Officer to ensure efficient and effective management and administration of the company.
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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] Standard 11 Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 12) | 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.

_________ Is an employee of the company?


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

_________ needs a whole time director.


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:

This KMP signs document of the company requiring authentication by the company.


Answer in one sentence.
Who provides guidance to the Board of Directors?


Correct the underlined word and rewrite the following sentence:

Public company must have minimum 15 Directors.


Explain the following Term/Concept:

Independent Director.


Explain the following Term/Concept:

Non-Executive Director.


Explain the following Term/Concept:

Alternate Director.


Explain the following Term/Concept:

Secretarial Standard


Justify the following statement:

The company has a distinct feature of separate ownership and management.


Justify the following statement:

Directors play a triple role.


Justify the following statement:

Managing Director has substantial powers of management.


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 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, a term, or a phrase which can substitute the following statement.

This KMP signs documents of the company requiring authentication by the 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.


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