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प्रश्न
Justify the following statement:
Directors have to work as a team.
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उत्तर
(a) Directors are the elected representatives of the shareholders who are appointed for directing governing and controlling the management of the company. They are the men of commercial skill and business tact. They are authorized by the shareholders to utilize the capital, acquire assets, appoints the personnel to conduct the affairs of the company for the benefit of the shareholders of the company.
(b) To carry out the functions, assigned to them by the shareholders, the directors exercise their powers collectively as aboard. They cannot exercise their powers in their individual capacity. They work together as a team. The team of directors, i.e. the Board of Directors is the highest body with extensive powers. It is a policy framing and decision making organ of the company.
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संबंधित प्रश्न
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The officer responsible for company’s finances
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The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.
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Qualification required being a Company Secretary.
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The nature of the relationship of Director with the company.
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Name the secretarial standard-3
Answer in one sentence.
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First Directors are appointed by ROC.
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Secretarial Standard
Study the following case/situation and express your opinion.
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(c) For how long a period QRS Ltd. can appoint Mr. M. as Managing Director?
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The company has a distinct feature of separate ownership and management.
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Company Secretary plays a triple role.
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Managing Director has substantial powers of management.
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Indian companies prefer to appoint a M. D. than Manager.
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Explain the Company Secretary.
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This KMP signs document of company requiring authentication by company.
Write a word or a term or a phrase which can substitute of the following statement.
This KMP signs document of company requiring authentication by company.
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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.
