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प्रश्न
Justify the following statement:
Directors are Managing Partners.
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उत्तर
- 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.
- 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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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
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_________ needs a whole time director.
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________ is to be prepared in prescribed form MR -3.
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Name the secretarial standard-3
Explain the following Term/Concept:
Managing Director.
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:
Director and Managing Director
Distinguish between the following:
Managing Director and Whole Time Director
Answer in brief:
Mention any four ways in which the office of a Direction becomes vacant.
Answer in brief:
State any four powers of Managing Directors.
Justify the following statement:
Directors have to work as a team.
Justify the following statement:
Managing Director has substantial powers of management.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
Answer the following question:
Explain the Company Secretary.
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 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.
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.
