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Question
Explain the following term/concept:
Initiative
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Solution
(1) Initiative means the ability or the power or opportunity to act or take charge before others do. The initiative can also mean a personal quality that shows a willingness to get things done and take responsibility. It is the start of something with the hope that it will continue.
(2) A company secretary is required to take initiative (a lead) in making arrangements for the board meetings. The company secretary informs the directors to convene Board meetings, shareholders meeting on schedule time. He takes initiative to convene different meetings of the company. Secretary also takes initiative to help directors in the smooth conduct of the meetings.
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the statement:
The Directors take decisions at ______ meeting.
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Every company except CFO and the small company shall hold minimum ______ Board Meetings in each year.
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State whether the following statement is true or false:
A director can remain absent for any number of Board Meetings.
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Company Secretary need not attend the board meetings.
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Select the correct option from the bracket:
| Group A | Group B |
| Duty of directors | ______________ |
Attempt the following.
Draft the notice and agenda of routing board meeting.
Justify the following statement:
The secretary has to correspond with directors on an important occasion
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Directors exercise their powers and authorities collectively as a Board.
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Explain the following term/concept:
Politeness
Answer in one sentence:
Can a Director who was absent at Board Meeting get a copy of minutes of that Board Meeting?
