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Explain the following Term/Concept: Casual vacancy of a Director. - Secretarial Practice

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प्रश्न

Explain the following Term/Concept:

Casual vacancy of a Director.

टीपा लिहा

उत्तर

(1) Casual vacancy of a director may arise due to different reasons such as death, permanent or temporary disablement, sickness, and resignation, etc. of a director. The Board of directors has to fill up the casual vacancy by appointing additional or opted directors at the Board meeting.

(2) The appointment of additional or co-opted directors is valid only up to the time of the vacating director’s incomplete term.

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Key Managerial Personnel (KMP)
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पाठ 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

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बालभारती Secretarial Practice [English] 11 Standard Maharashtra State Board
पाठ 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 7) | पृष्ठ १००

संबंधित प्रश्‍न

Select the correct answer from the options given below and rewrite the statement.

Managing Director is appointed for a period of ______  Years.


Select the correct answer from the options given below and rewrite the statement.

_________ need not be a director of the company.


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:

The officer who is a statutory and administrative officer and also acts as co-coordinator of the company.


Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?


Answer in one sentence.
What is the importance of Secretarial Standards?


Answer in one sentence.
What is the tenure of the ‘Managing Director"?


Explain the following Term/Concept:

Managing Director.


Explain the following Term/Concept:

Executive Director.


Explain the following Term/Concept:

Non-Executive Director.


Explain the following Term/Concept:

Company Secretary


Explain the following Term/Concept:

Secretarial Standard


Explain the following Term/Concept:

The Board of Directors


Distinguish between the following:

Director and Managing Director


Answer in brief:

State any four powers of Managing Directors.


Answer in brief:

State the Statutory Duties of a Company Secretary.


Justify the following statement:

Directors have to work as a team.


Justify the following statement:

Indian companies prefer to appoint a M. D. than Manager.


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 document of company requiring authentication by company.


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