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प्रश्न
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
उत्तर
(a) A director Who is appointed from amongst the directors as Chief Executive Officer and entrusted with the substantial powers of management is called the managing director. Manager means any individual appointed to manage whole or substantially whole affairs of the company. He works under the supervision, direction, and control of the Board of Directors. He need not be a director of the company. The managing director must be a director first and then a managing director. A company can have more than one managing director but have only one manager.
(b) The managing director is more related and he remains constantly in contact with the Board of directors. As like Managing Director, the manager does not have close contact with the Board of directors. He works as an employee of the company and the Board. The Act allows a company to have either a managing director or manager. Indian Companies prefer to appoint a managing director than a manager because the managing director works in dual capacities viz. as director and as managing director. He is able to influence the Board better than that manager does.
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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.
________ is to be prepared in prescribed form MR -3.
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:
Qualification required being a Company Secretary.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-3
Answer in one sentence.
Who is the officer responsible for the Company’s financial plan?
Correct the underlined word and rewrite the following sentence:
Public company must have minimum 15 Directors.
Explain the following Term/Concept:
Company Secretary
Explain the following Term/Concept:
The Board of Directors
Distinguish between the following:
Managing director and Manager
Distinguish between the following:
Managing Director and Whole Time Director
Justify the following statement:
The company has a distinct feature of separate ownership and management.
Answer the following question:
Explain the role of the director?
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 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.
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.
