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Question
State whether the following statement is true or false:
Directors act as agents and trustees of the company.
Options
True
False
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Solution
True
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RELATED QUESTIONS
Select the correct answer from the option given below and rewrite the statement:
Representatives of shareholders are __________.
Select the correct answer from the option given below and rewrite the statement:
The notice of the meeting of the Board of Directors must be accompanied by __________.
Select the correct answer from the option given below and rewrite the statement:
According to Section 167(1) ((b) of the Companies Act, 2013 if a director absents himself from all the meetings of the Board. for a period of ______ months or more. with or without the leave of the Board, he shall be deemed to have vacated his office.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Directors | 1) At least 2 Directors |
| b) Absenteeism of Director in Board Meetings | 2) At least 3 Directors |
| c) Public Company | 3) Disqualification of director |
| d) Private Company | 4) Representatives of shareholders |
| e) Notice of a Routine Board Meeting | 5) 21 clear days |
| 6) 7 days | |
| 7) 70 days | |
| 8) Representative of public | |
| 9) At least 20 directors | |
| 10) At least 30 directors |
State whether the following statement is true or false:
Company Secretary need not attend the board meetings.
State whether the following statement is true or false:
Director can take decisions individually.
Select the correct option from the bracket:
| Group A | Group B |
| Notice of board meeting | _______________ |
Select the correct option from the bracket:
| Group A | Group B |
| _____________ | Meeting of all 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
Justify the following statement:
Directors exercise their powers and authorities collectively as a Board.
Explain the following term/concept:
Initiative
Explain the following term/concept:
Politeness
Explain the following term/concept:
Conciseness
Explain the following term/concept:
Board of Directors.
Correct the underline words and rewrite the following statement:
Secretary is responsible for decision making and framing policies of a company.
Answer in one sentence:
When does a Director vacate his office due to absenteeism at Board Meeting?
