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प्रश्न
Explain the following Term/Concept:
Independent Director.
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उत्तर
(1) As per Section 149 of the Companies Act. 2013. "Any director other than a Managing Director, Whole Time Director, or a Nominee Director is an Independent Director." He holds office for a term up to 5 consecutive years and is eligible for reappointment. He is expected to possess skills, experience, and knowledge of different fields like law, management. sales, market, administration, corporate governance, and technical process (operation) concerning the company‘s business.
(2) In a listed Public Company, 1/3 % of its total number of directors should independent directors. In other public company at least 2 directors should be independent directors. He cannot hold office for more than 2 consecutive terms.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
Managing Director is appointed for a period of ______ Years.
Select the correct answer from the options given below and rewrite the statement.
_________ Is an employee of the company?
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:
Audit which checks compliances of different legislations.
Write a word or a term or a phrase which can substitute the following statement:
The nature of the relationship of Director with the company.
Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?
Correct the underlined word and rewrite the following sentence:
Public company must have minimum 15 Directors.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Casual vacancy of a Director.
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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Mr. M wishes to be the Managing director of QRS Ltd:
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Managing director and Manager
Answer in brief:
State any four powers of Managing Directors.
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A Director is an agent of the Company.
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The company has a distinct feature of separate ownership and management.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
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Explain the Company Secretary.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs documents of the company requiring authentication by the company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs a document of a company requiring authentication by a 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.
