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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?
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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.
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संबंधित प्रश्न
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_________ Is an employee of the company?
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First Directors are appointed by ROC.
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Explain the following Term/Concept:
Secretarial Standard
Study the following case/situation and express your opinion.
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A Director cannot be called an employee of the company.
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Managing Director has substantial powers of management.
Justify the following statement:
Pro-tem Secretary is helpful to 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:
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.
This KMP signs document of company requiring authentication by company.
