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प्रश्न
Explain the following Term/Concept:
The Board of Directors
उत्तर
(1) The directors are the elected representatives of the shareholders who are appointed for directing, governing, or controlling the policy or management of the company. The directors exercise their powers collectively as a Board. Thus, the Board of Directors is the policy-framing and decision-making organ of the company.
(2) The top-level management of the company comprises the Board of Directors which is a group of Directors. The Board of Directors is the highest body of the company with extensive powers, comprising of several Directors who are experts in different fields and appointed as per the provisions of the Companies Act. The Board Of Directors of the company is assisted by several persons such as managing director, company Secretary Chief Financial Officer, etc. to assure efficient and effective management and administration of the company.
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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.
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The organization with a distinct features of separate ownership and management.
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The officer responsible for company’s finances
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Audit which checks compliances of different legislations.
Answer in one sentence.
What is the importance of Secretarial Standards?
Answer in one sentence.
Who provides guidance to the Board of Directors?
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Alternate Director.
Distinguish between the following:
Managing director and Manager
Answer in brief:
Mention any four ways in which the office of a Direction becomes vacant.
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.
Justify the following statement:
Pro-tem Secretary is helpful to the company.
Answer the following question:
Explain the Company Secretary.
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, 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 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.
