हिंदी

Justify the following statement: Directors are Managing Partners. - Secretarial Practice

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प्रश्न

Justify the following statement:

Directors are Managing Partners.

औचित्य
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उत्तर

  1. Directors represent owners of the company Viz. shareholders. As the Directors are elected representatives of the shareholders, they are entrusted with vast managerial powers. Being primarily shareholders, they are like partners with the other shareholders. In that relation, the Directors are regarded as the most active and managing partners and other shareholders as sleeping or dormant partners.
  2. As managing partners, the Directors perform almost all the proprietarily functions like the issue of shares, allotment of shares, making calls, forfeiting shares, etc. However, their acts are not binding on the shareholders or on each other unless the Articles provide so. 
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Key Managerial Personnel (KMP)
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अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १०१]

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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 6. 1) | पृष्ठ १०१

संबंधित प्रश्न

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 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.


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:

Name the secretarial standard-2


Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?


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


Explain the following Term/Concept:

Executive Director.


Explain the following Term/Concept:

Alternate Director.


Distinguish between the following:

Director and Managing Director


Justify the following statement:

Directors have to work as a team.


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 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.


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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