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Question
Select the correct answer from the options given below and rewrite the statement.
_______ Powers are the powers given to the Board under the Act.
Options
Statutory
Managerial
Administrative
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Solution
Statutory Powers are the powers given to the Board under the Act.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
A maximum of __________ Directorships of a public company is allowed to a person.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Board of Directors | 1) Nominated by the Board |
| b) Managing Director | 2) Assists and advises the Board |
| 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 |
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Public company | 1) Arises due to death of Director |
| b) Private company | 2) Collective Powers |
| c) Secretarial Auditor | 3) Individual Powers to Directors |
| d) Casual Vacancy of a Director | 4) Arises due to additional work |
| e) Powers of the Board | 5) Appointed by Managing Director |
| 6) At least 2 (two) Directors | |
| 7) At least 3 (three) Directors | |
| 8) At least 15 (fifteen) Directors | |
| 9) At least 1 (one) Director | |
| 10) Appointed by the Board |
State whether the following statement is True or False.
The maximum number of Directors allowed to a company is 15 (fifteen).
State whether the following statement is True or False.
A public company should have a minimum of 10 (ten) directors
State whether the following statement is True or False.
DIN is required for Secretaryship.
State whether the following statement is True or False.
Executive Director is called as outside Director.
State whether the following statement is True or False.
The casual vacancy of the Board is filled by the members.
State whether the following statement is True or False.
A company may appoint more than one M. D.
State whether the following statement is True or False.
Indian companies prefer a Managing Director over a Manager.
Complete the sentence.
Minimum number of Directors for a private company should be_______
Complete the sentence.
Minimum number of Directors for a public company should be _______
Complete the sentence.
First Directors of a company are appointed by _______
Complete the sentence.
Casual vacancy on Board is filled by _______.
Complete the sentence.
The audit which checks the compliance of Companies Act is called as _______.
Select the correct option from the bracket:
| Group A | Group B |
| ____________ | Alternate Director |
Explain the following Term/Concept:
Director.
Answer in brief:
What is DIN?
