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] 11 Standard Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 12) | पृष्ठ १००

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_________ need not be a director of the company.


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The officer responsible for company’s finances


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Agents, Trustees and Managing Partners 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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Name the secretarial standard-l


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First Directors are appointed by ROC.


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Secretarial Audit


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Managing director and Manager


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Directors play a triple role.


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Explain the role of the director?


Write a word or 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 the following statement.

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


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This KMP signs document of company requiring authentication by company.


Write a word or a term or a phrase which can substitute of 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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