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.

Managing Director is appointed for a period of ______  Years.


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

_________ needs a whole time director.


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

The organization with a distinct features of separate ownership and management.


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

The body of elected representatives of company.


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:

Name the secretarial standard-l


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

Name the secretarial standard-2


Answer in one sentence.
What is the importance of Secretarial Standards?


Explain the following Term/Concept:

Alternate Director.


Explain the following Term/Concept:

Secretarial Standard


Explain the following term/concept:

The Board of Directors


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?


Answer in brief:

State the Statutory Duties of a Company Secretary.


Justify the following statement:

Indian companies prefer to appoint a M. D. than Manager.


Justify the following statement:

Pro-tem Secretary is helpful to the company.


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 a document of a company requiring authentication by a 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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×