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प्रश्न
Explain the following Term/Concept:
Executive Director.
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उत्तर
(1) An executive director is a chief executive officer, (CEO) or Managing Director of an organization or a company. The title of the executive director is widely used in North American Nonprofit organizations. He is a member of the Board of an arm who has managerial responsibility. He is a working director of an organization usually its full-time employee and has to manage and complete specified daily operations of the company.
(2) Executive Director is also called Whole Time Director (WTD). He is responsible for specific programs or services that are assigned to him by the board of directors or managing director and are given suitable titles like Marketing Director, Finance Director, etc.
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संबंधित प्रश्न
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
Write a word or a term or a phrase which can substitute the following statement:
The body of elected representatives of company.
Write a word or a term or a phrase which can substitute the following statement:
Agents, Trustees and Managing Partners of the company.
Answer in one sentence.
What is the importance of Secretarial Standards?
Correct the underlined word and rewrite the following sentence:
Public company must have minimum 15 Directors.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Independent Director.
Explain the following term/concept:
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:
(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?
(b) Can Mr. Z work as a secretarial Auditor?
(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?
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?
Distinguish between the following:
Director and Managing Director
Justify the following statement:
Directors are Managing Partners.
Justify the following statement:
A Director is an agent of the Company.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Answer the following question:
Explain the Company Secretary.
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 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.
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.
