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 of a public company is allowed to a person.
Select the correct answer from the options given below and rewrite the statement.
_______ Powers are the powers given to the Board under the Act.
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 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.
Only individuals can be directors.
State whether the following statement is True or False.
A Director is an employee of the company.
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.
Indian companies prefer a Managing Director over a Manager.
Complete the sentence.
First Secretary is appointed by _______.
Select the correct option from the bracket:
| Group A | Group B |
| Rotational Director | __________ |
Select the correct option from the bracket:
| Group A | Group B |
| Women Director | _____________ |
Answer in brief:
What is DIN?
