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प्रश्न
Explain the following Term/Concept:
Independent Director.
उत्तर
(1) As per Section 149 of the Companies Act. 2013. "Any director other than a Managing Director, Whole Time Director, or a Nominee Director is an Independent Director." He holds office for a term up to 5 consecutive years and is eligible for reappointment. He is expected to possess skills, experience, and knowledge of different fields like law, management. sales, market, administration, corporate governance, and technical process (operation) concerning the company‘s business.
(2) In a listed Public Company, 1/3 % of its total number of directors should independent directors. In other public company at least 2 directors should be independent directors. He cannot hold office for more than 2 consecutive terms.
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संबंधित प्रश्न
Write a word or a term or a phrase which can substitute the following statement:
The organization with a distinct features of separate ownership and management.
Write a word or a term or a phrase which can substitute the following statement:
The officer responsible for company’s finances
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
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-3
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Secretarial Standard
Explain the following Term/Concept:
Secretarial Audit
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?
Study the following case/situation and express your opinion.
Mr. M wishes to be the Managing director of QRS Ltd:
(a) The age of Mr. M is 30 years. Can he be appointed as MD of a company?
(b) Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd.?
(c) For how long a period QRS Ltd. can appoint Mr. M. as Managing Director?
Distinguish between the following:
Managing director and Manager
Answer in brief:
State any four powers of the Board of Directors.
Answer in brief:
State the Statutory Duties of a Company Secretary.
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.
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 the company requiring authentication by the company.
