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प्रश्न
Justify the following statement:
The company has a distinct feature of separate ownership and management.
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उत्तर
(a) In a joint-stock company, though shareholders are the owners, the management of the affairs 0f the company is entrusted to the Board of Directors’ The shareholders cannot participate in the management because they are too large in number5 and are scattered over a wide area.
(b) Shareholders lack the necessary business skill and experience. They are mainly interested in the returns on the shares held by them. The sense of proprietorship of the shareholders is lost due to the changing membership from one shareholder transferor) to another (transferee). Thus, in a joint-stock company, the ownership remains with the shareholders and the management with the Board of Directors.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ Is an employee of the company?
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.
Only a member of ________ Can be a practicing Company Secretary
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Chief Financial Officer
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
Answer in brief:
State any four powers of Managing Directors.
Justify the following statement:
Directors are Managing Partners.
Justify the following statement:
A Director cannot be called an employee of the company.
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 documents of the company requiring authentication by the 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.
Write a word or a term or a phrase which can substitute in 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.
