Advertisements
Advertisements
Question
Explain the following Term/Concept:
Secretarial Standard
Advertisements
Solution
(1) Secretarial Standards (SS) means Secretarial standards as issued by the Institute of Company Secretaries of India constituted under Section 3 of the Company Secretaries Act 1980 and approved by the Central Government through the Ministry of Corporate Affairs. The 85-1 and 88-2 are approved by the Central Government and mandatory to be observed by all companies in
(2) The secretarial standard are reviewed by Secretarial Standard Board (888) once in a year or whenever there is a substantial change in the law whichever is earlier. Institute of Company Secretaries of India (ICSI) has prepared and issued as many as 10 Secretarial Standards.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
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:
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:
The nature of the relationship of Director with the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-3
Answer in one sentence.
What is the importance of Secretarial Standards?
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Chief Financial Officer
Explain the following Term/Concept:
Secretarial Audit
Explain the following term/concept:
The Board of Directors
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?
Distinguish between the following:
Director and Managing Director
Distinguish between the following:
Managing Director and Whole Time Director
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
Company Secretary plays a triple role.
Justify the following statement:
Managing Director has substantial powers of management.
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.
