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Answer in brief: State any four powers of Managing Directors. - Secretarial Practice

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प्रश्न

Answer in brief:

State any four powers of Managing Directors.

थोडक्यात उत्तर
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उत्तर

  1. He has the authority to preside over board meetings and actively participate in shaping the company’s policies. He is entitled to attend these meetings, vote on all resolutions, and influence major policy decisions.
  2. He is empowered to raise funds required for business operations and to invest any surplus or idle resources of the company. He can also provide loans as part of normal business activities.
  3. Additionally, he holds the authority to appoint staff members, oversee and manage the entire workforce, and issue directives to departmental heads and senior executives to ensure the effective execution of board decisions.
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Key Managerial Personnel (KMP)
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पाठ 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १०१]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
पाठ 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 5. 4) | पृष्ठ १०१

संबंधित प्रश्‍न

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

_________ Is an employee of the company?


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

_________ need not be a director of the company.


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

_________ needs a whole time director.


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:

Agents, Trustees and Managing Partners of 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.


Answer in one sentence.
Who provides guidance to the Board of Directors?


Explain the following Term/Concept:

Company Secretary


Explain the following Term/Concept:

Secretarial Standard


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?


Distinguish between the following:

Managing director and Manager


Answer in brief:

Mention any four ways in which the office of a Direction becomes vacant.


Justify the following statement:

A Director is an agent of the Company.


Justify the following statement:

Directors have to work as a team.


Justify the following statement:

Company Secretary plays a triple role.


Justify the following statement:

Pro-tem Secretary is helpful to the company.


Justify the following statement:

Secretarial Standards should be in conformity with the Act.


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 in the following statement.

This KMP signs document of company requiring authentication by company.


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