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प्रश्न
Answer in brief:
State any four powers of the Board of Directors.
उत्तर
Powers of Board of Directors:
(1) Board of Directors has the power to borrow money. For expansion, modernization, and development of the company by applying to the bank for loan and overdraft facility, by the issue of debentures of different types and by the issue of bonds.
(2) It has the power to invest surplus or idle funds in short term or long term securities as per the requirement of the company.
(3) It has the power to appoint or remove key managerial personnel (KMP) such as managing director, company secretary, chief financial officer, etc.
(4) It has the power to fill casual vacancies by appointing additional, alternate or co-opted directors;
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संबंधित प्रश्न
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:
The body of elected representatives of 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-2
Answer in one sentence.
What is the tenure of the ‘Managing Director"?
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Secretarial Audit
Explain the following Term/Concept:
The Board of Directors
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:
DIN helps investors of the company.
Justify the following statement:
Company Secretary plays a triple role.
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
Answer the following question:
Explain the Company Secretary.
Answer the following question:
Explain the role of the 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.
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.
