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प्रश्न
Explain the following Term/Concept:
Managing Director.
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उत्तर
(1) According to Section 2 (54) of the Companies Act 2013, Managing Director is a Director who has been entrusted with substantial powers of management under an agreement or by a resolution passed by the company at its general meeting or by the Board of Directors. Appointment 0' Managing Director is made for a term of 5 years. He is appointed by the Board of Directors.
(2) The managing director works under the superintendence, control, and direction of the Board of Directors. He is responsible for the implementation of the policies framed by the Board. He acts as a link between the Board and the staff of the company. He is responsible for the day-to-day administration of the affairs of the company.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ needs a whole time director.
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To provide guidance to Board is _____ duty of company Secretary
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Qualification required being a Company Secretary.
Answer in one sentence.
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Answer in one sentence.
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Explain the following Term/Concept:
Alternate Director.
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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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(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?
Answer in brief:
State any four powers of Managing Directors.
Justify the following statement:
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:
DIN helps investors of the company.
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Directors play a triple role.
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 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 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 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 document of company requiring authentication by 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.
