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Question
Complete the sentence.
Director is the guardian of interest of the company as _______.
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Solution
Director is the guardian of the interest of the company as Trustees.
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| Group ‘A’ | Group ‘B’ |
| a) Board of Directors | 1) Nominated by the Board |
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| c) Company Secretary | 3) Automatic Appointment |
| d) First Directors | 4) Appointed by ROC |
| e) Alternate Director | 5) Extensive Powers of management |
| 6) Substantial Powers of management | |
| 7) Appointed by Promoter | |
| 8) Assists and Advises the Government | |
| 9) Negligible Powers of management | |
| 10) Nominated by Council |
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The casual vacancy of the Board is filled by the members.
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A company may appoint more than one M. D.
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Director.
Answer the following question:
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Answer the following question:
Explain the Managing Directors.
