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प्रश्न
Justify the following statement:
Managing Director has substantial powers of management.
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उत्तर
(a) Managing Director is a Director Who has been entrusted with substantial powers of management under an agreement or by a resolution passed by the company at its general meeting or by the Board of Directors at its Board Meeting. Substantial powers are powers of executive nature like deciding the purchase policy, sales policy, credit policy, investment policy, selection and recruitment procedure, etc.
(b) Managing Director works under the superintendence, control, and direction of the Board of Directors. He is responsible for the implementation of the policies framed by the Board. He acts as a link between the Board and the staff of the company. He is responsible for the day-to-day administration of the affairs of the company. He works in two capacities, via, that of a Director and that of a Manager of the company.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ needs a whole time director.
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The organization with a distinct features of separate ownership and management.
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The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.
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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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Name the secretarial standard-2
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Name the secretarial standard-3
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Company Secretary
Answer in brief:
Mention any four ways in which the office of a Direction becomes vacant.
Answer in brief:
State the Statutory Duties of a Company Secretary.
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.
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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 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.
