मराठी

Explain the following Term/Concept: Secretarial Audit

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प्रश्न

Explain the following Term/Concept:

Secretarial Audit

टीपा लिहा
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उत्तर

(1) Secretarial Audit is an audit to check implementation (compliance) of various legislations including the Companies Act and other corporate and economic laws applicable to the company. It is a mechanism to monitor compliance requirements. It aims at detecting mistakes or errors in the compliance mechanisms.

(2) Secretarial Audit helps the company to avoid risks and losses due to non-compliance. It creates confidence among regulators, management, and stakeholders that the company is following a disciplined approach of evaluation and improve effectiveness, risk management, control, and governance.

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Key Managerial Personnel (KMP)
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पाठ 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
पाठ 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 11) | पृष्ठ १००

संबंधित प्रश्‍न

Select the correct answer from the options given below and rewrite the statement.

_________ is required to work under the superintendence, control, the guidance of the Boat.


Select the correct answer from the options given below and rewrite the statement.

Only a member of ________ Can be a practicing Company Secretary


Select the correct answer from the options given below and rewrite the statement.

________ is to be prepared in prescribed form MR -3.


Write a word or a term or a phrase which can substitute the following statement:

The organization with a distinct features of separate ownership and management.


Write a word or a term or a phrase which can substitute the following statement:

The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.


Write a word or a term or a phrase which can substitute the following statement:

Name the secretarial standard-l


Write a word or a term or a phrase which can substitute the following statement:

Name the secretarial standard-2


Correct the underlined word and rewrite the following sentence:

Secretarial Standards are given by the Companies Act, 2013.


Explain the following Term/Concept:

Non-Executive Director.


Explain the following Term/Concept:

Casual vacancy of a Director.


Study the following case/situation and express your opinion.

Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :

(a) Is he required to obtain DIN?

(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification

(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?


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


Distinguish between the following:

Managing Director and Whole Time Director


Justify the following statement:

DIN helps investors of the company.


Justify the following statement:

Directors play a triple role.


Justify the following statement:

Indian companies prefer to appoint a M. D. than Manager.


Justify the following statement:

Pro-tem Secretary is helpful to the company.


Answer the following question:

Explain the role of the director?


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.


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