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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.
_________ needs a whole time director.
Select the correct answer from the options given below and rewrite the statement.
________ is to be prepared in prescribed form MR -3.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Company Secretary
Explain the following term/concept:
The Board of Directors
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:
Managing Director and Whole Time Director
Justify the following statement:
A Director is an agent of the Company.
Justify the following statement:
Company Secretary plays a triple role.
Justify the following statement:
A Director cannot be called an employee of the company.
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Answer the following question:
Explain the Company Secretary.
Answer the following question:
Explain the role of 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, a term, or a phrase which can substitute the following statement.
This KMP signs documents of the company requiring authentication by the company.
