English

Justify the following statement: DIN helps investors of the company. - Secretarial Practice

Advertisements
Advertisements

Question

Justify the following statement:

DIN helps investors of the company.

Short/Brief Note
Advertisements

Solution

(a) DIN means Director Identification Number. [t is a unique 8 digit identification number allotted to a person who is appointed as a Director. It is compulsory for every director to mention DIN on every document of the company he signs and authorizes. It is also required for the e-filling of the company‘s documents. With the help of DIN, investors get information about the composition of the top management of the company on the basis of which they take more accurate decisions about their investments.

(b) DIN is also helpful to handle and solve the problems that arise due to the disappearance of the company after the collection of money from the public. DIN also helps to detect and handle the offences committed by a director.

shaalaa.com
Key Managerial Personnel (KMP)
  Is there an error in this question or solution?
Chapter 6: Directors and Key Managerial personnel of a company - EXERCISES [Page 101]

APPEARS IN

Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 6. 4) | Page 101

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.

_________ Is an employee of the company?


Write a word or a term or a phrase which can substitute the following statement:

Qualification required being a Company Secretary.


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-l


Write a word or a term or a phrase which can substitute the following statement:

Name the secretarial standard-2


Answer in one sentence.
What is the importance of Secretarial Standards?


Explain the following Term/Concept:

Alternate Director.


Explain the following Term/Concept:

Casual vacancy of a Director.


Study the following case/situation and express your opinion.

Mr. Z is a member of Institute of Company Secretaries of India:

(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?

(b) Can Mr. Z work as a secretarial Auditor?

(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?


Answer in brief:

State any four powers of the Board of Directors.


Answer in brief:

Mention any four ways in which the office of a Direction becomes vacant.


Answer in brief:

State any four powers of Managing Directors.


Justify the following statement:

Directors are Managing Partners.


Justify the following statement:

Directors play a triple role.


Justify the following statement:

Secretarial Standards should be in conformity with the Act.


Write a word or a term or a phrase which can substitute the following statement.

This KMP signs a document of a company requiring authentication by a 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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×