Advertisements
Advertisements
प्रश्न
Distinguish between the following:
Managing director and Manager
Advertisements
उत्तर
| Sr. No. | Managing director | Manager |
| 1 | The Managing Director is the representative or Chief Executive Officer of the Board as far as administration and management of the company are concerned. | A director or a person from the public appointed by the company as a Chief Executive Officer or an in-charge of the whole or substantially whole management of the company is called the manager. |
| 2 | Managing Director is entrusted With or enjoys substantial powers of management. | A manager is given routine power of management by the Board. |
| 3 | The Managing Director must be a Director of the company. | Manager need not be a director of the company |
| 4 | A company can have more than one Managing Director. | A company can have only one manager. |
| 5 | A Managing Director is first a Director and then an employee. | A manager is a regular employee of the company. |
| 6 | If more than one Managing Director is appointed, the maximum remuneration cannot be more than 10% of the net profit of the company. | Maximum remuneration to a manager cannot be more than 5 % of the net profit of the company. |
APPEARS IN
संबंधित प्रश्न
Write a word or a term or a phrase which can substitute the following statement:
Qualification required being a Company Secretary.
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-3
Answer in one sentence.
Who provides guidance to the Board of Directors?
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Independent Director.
Explain the following Term/Concept:
Company Secretary
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?
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?
Justify the following statement:
Directors are Managing Partners.
Justify the following statement:
A Director cannot be called an employee of 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 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 of the following statement.
This KMP signs document of company requiring authentication by company.
Write a word, a term, or a phrase which can substitute the following statement.
This KMP signs documents 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.
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.
