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प्रश्न
Justify the following statement:
Directors are Managing Partners.
उत्तर
- Directors represent owners of the company Viz. shareholders. As the Directors are elected representatives of the shareholders, they are entrusted with vast managerial powers. Being primarily shareholders, they are like partners with the other shareholders. In that relation, the Directors are regarded as the most active and managing partners and other shareholders as sleeping or dormant partners.
- As managing partners, the Directors perform almost all the proprietarily functions like the issue of shares, allotment of shares, making calls, forfeiting shares, etc. However, their acts are not binding on the shareholders or on each other unless the Articles provide so.
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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.
_________ 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.
_________ Is an employee of the company?
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:
Agents, Trustees and Managing Partners of the 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.
Explain the following Term/Concept:
Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Chief Financial Officer
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.
Answer in brief:
State the Statutory Duties of a Company Secretary.
Justify the following statement:
Pro-tem Secretary is helpful to 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 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, 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.
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.
