हिंदी

Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :

Advertisements
Advertisements

प्रश्न

Study the following case/situation and express your opinion.

Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :

(a) Is he required to obtain DIN?

(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification

(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?

टिप्पणी लिखिए
Advertisements

उत्तर

(a) Mr. A is required to obtain the Director Identification Number (DIN) before becoming a director.

(b) PQR Co. Ltd. cannot object to the directorship of Mr. A on a lack of specialised qualification. This is because the Companies Act has not prescribed any academic or professional qualifications for the director.

(c) If Mr. A is appointed as director of PQR Co. Ltd., he is entitled to get managerial remuneration in the form of monthly payment like salary, Specified percentage of net profits or commission and sitting fees for attending Board meetings or Committee meetings.

shaalaa.com
Key Managerial Personnel (KMP)
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 3. 1) | पृष्ठ १००

संबंधित प्रश्न

Select the correct answer from the options given below and rewrite the statement.

To provide guidance to Board is _____ duty of company Secretary


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:

Agents, Trustees and Managing Partners of the company.


Write a word or a term or a phrase which can substitute the following statement:

Audit which checks compliances of different legislations.


Write a word or a term or a phrase which can substitute the following statement:

Name the secretarial standard-2


Explain the following Term/Concept:

Alternate Director.


Explain the following Term/Concept:

Chief Financial Officer


Explain the following Term/Concept:

Company Secretary


Study the following case/situation and express your opinion.

Mr. Z is a member of Institute of Company Secretaries of India:

(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?

(b) Can Mr. Z work as a secretarial Auditor?

(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?


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


Justify the following statement:

Directors are Managing Partners.


Justify the following statement:

A Director is an agent of the Company.


Justify the following statement:

Directors play a triple role.


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 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 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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×