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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.
Managing Director is appointed for a period of ______ Years.
Select the correct answer from the options given below and rewrite the statement.
________ is to be prepared in prescribed form MR -3.
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The body of elected representatives of company.
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Agents, Trustees and Managing Partners of the company.
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This KMP signs document of the company requiring authentication by the company.
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Name the secretarial standard-2
Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Explain the following Term/Concept:
Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Casual vacancy of a Director.
Explain the following Term/Concept:
Company Secretary
Answer in brief:
State any four powers of Managing Directors.
Answer the following question:
Explain the role of the director?
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 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.
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 company requiring authentication by company.
