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Question
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.
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Solution
Fiduciary
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Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Explain the following Term/Concept:
Independent Director.
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?
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.
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Justify the following statement:
A Director cannot be called an employee of the company.
Answer the following question:
Explain the role of the director?
Write a word, a term, or a phrase which can substitute the following statement.
This KMP signs documents of the company requiring authentication by the 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.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
