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प्रश्न
Explain the following Term/Concept:
Director.
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उत्तर
(1) Section 2 (34) of the Companies Act, 2013 defines “a Director means a director appointed to the Board of the Company”. He is a person appointed to manage, direct, governor control, and supervise the affairs of the company. Only an individual and not a body corporate, association, or firm can act as a director. Directors are the men of commercial skill and business tact.
(2) Directors are authorized by the shareholders to utilize the capital, acquire the assets, and appoint capable personnel to conduct the affairs of the Company. A director works in a number of capacities Viz. as an agent, as a trustee, and as a managing partner.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
________ can be a director.
Select the correct answer from the options given below and rewrite the statement.
_______ Is a unique identification number required to be a Director?
Select the correct answer from the options given below and rewrite the statement.
_______ Powers are the powers given to the Board under the Act.
Select the correct answer from the options given below and rewrite the statement.
Director represents company in his role as ________
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Board of Directors | 1) Nominated by the Board |
| b) Managing Director | 2) Assists and advises the Board |
| c) Company Secretary | 3) Automatic Appointment |
| d) First Directors | 4) Appointed by ROC |
| e) Alternate Director | 5) Extensive Powers of management |
| 6) Substantial Powers of management | |
| 7) Appointed by Promoter | |
| 8) Assists and Advises the Government | |
| 9) Negligible Powers of management | |
| 10) Nominated by Council |
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Public company | 1) Arises due to death of Director |
| b) Private company | 2) Collective Powers |
| c) Secretarial Auditor | 3) Individual Powers to Directors |
| d) Casual Vacancy of a Director | 4) Arises due to additional work |
| e) Powers of the Board | 5) Appointed by Managing Director |
| 6) At least 2 (two) Directors | |
| 7) At least 3 (three) Directors | |
| 8) At least 15 (fifteen) Directors | |
| 9) At least 1 (one) Director | |
| 10) Appointed by the Board |
State whether the following statement is True or False.
A public company should have a minimum of 10 (ten) directors
State whether the following statement is True or False.
DIN is required for Secretaryship.
State whether the following statement is True or False.
Managing Director is appointed by a resolution.
State whether the following statement is True or False.
Minimum and Maximum age to be a Managing Director is 21 and 70; respectively.
State whether the following statement is True or False.
Indian companies prefer a Managing Director over a Manager.
Complete the sentence.
Minimum number of Directors for a private company should be_______
Complete the sentence.
At least one Woman Director is required by ______ company.
Complete the sentence.
Director is the guardian of interest of the company as _______.
Complete the sentence.
First Secretary is appointed by _______.
Complete the sentence.
The audit which checks the compliance of Companies Act is called as _______.
Select the correct option from the bracket:
| Group A | Group B |
| ____________ | Alternate Director |
Select the correct option from the bracket:
| Group A | Group B |
| Women Director | _____________ |
Answer the following question:
Explain the Managing Directors.
