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प्रश्न
Distinguish between the following:
Managing director and Manager
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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. |
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ is required to work under the superintendence, control, the guidance of the Boat.
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The organization with a distinct features of separate ownership and management.
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The body of elected representatives of company.
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Agents, Trustees and Managing Partners of the company.
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Audit which checks compliances of different legislations.
Answer in one sentence.
Who provides guidance to the Board of Directors?
Explain the following Term/Concept:
Independent Director.
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Non-Executive Director.
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Casual vacancy of a Director.
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Chief Financial Officer
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Company Secretary
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The Board of Directors
Study the following case/situation and express your opinion.
Mr. Z is a member of Institute of Company Secretaries of India:
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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:
Managing Director has substantial powers of management.
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.
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.
