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प्रश्न
Answer in brief:
State any four powers of Managing Directors.
उत्तर
The powers of the Managing Director:
(1) Power (Right) to sit on the Board as a presiding officer. He has the right to attend Board meetings and participate in the formation of the policy of the company.
(2) He has the right to vote on all the resolutions passed at the Board Meeting. He has the power to assert his voice in all important policy decisions.
(3) He has the power to borrow money for the purpose of conducting business and also has the power to invest surplus or idle funds of the company. He has the power to make loans in the ordinary course of business.
(4) He has the power to appoint staff in the organization. He has the power to supervise and control the entire stall” and organization. He has the power to issue guidelines to departmental heads and senior executives for the successful implementation of decisions of the Board.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ is required to work under the superintendence, control, the guidance of the Boat.
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
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 nature of the relationship of Director with the company.
Correct the underlined word and rewrite the following sentence:
Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Managing Director.
Explain the following Term/Concept:
Executive Director.
Explain the following Term/Concept:
Company Secretary
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?
Answer in brief:
State any four powers of the Board of Directors.
Justify the following statement:
DIN helps investors of the company.
Justify the following statement:
Directors play a triple role.
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 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 a document of a company requiring authentication by a 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, 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 company requiring authentication by company.
