Advertisements
Advertisements
प्रश्न
Explain the following Term/Concept:
Director.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
________Comprises of a team of Director.
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.
A maximum of ________ Directorships is allowed to a person.
Select the correct answer from the options given below and rewrite the statement.
A maximum of __________ Directorships of a public company is allowed to a person.
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 |
State whether the following statement is True or False.
A large number of shareholders necessitates the company to have a separate managerial body.
State whether the following statement is True or False.
The maximum number of Directors allowed to a company is 15 (fifteen).
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.
Executive Director is called as outside Director.
State whether the following statement is True or False.
Promoter of a company cannot be the Independent Director.
State whether the following statement is True or False.
Only individuals can be directors.
State whether the following statement is True or False.
Indian companies prefer a Managing Director over a Manager.
Find the odd one.
Complete the sentence.
Minimum number of Directors for a private company should be_______
Select the correct option from the bracket:
| Group A | Group B |
| Women Director | _____________ |
Select the correct option from the bracket:
| Group A | Group B |
| ______ | First Director |
Answer the following question:
Explain the Managing Directors.
