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प्रश्न
Justify the following statement:
Managing Director has substantial powers of management.
उत्तर
(a) Managing Director is a Director Who has been entrusted with substantial powers of management under an agreement or by a resolution passed by the company at its general meeting or by the Board of Directors at its Board Meeting. Substantial powers are powers of executive nature like deciding the purchase policy, sales policy, credit policy, investment policy, selection and recruitment procedure, etc.
(b) Managing Director works under the superintendence, control, and direction of the Board of Directors. He is responsible for the implementation of the policies framed by the Board. He acts as a link between the Board and the staff of the company. He is responsible for the day-to-day administration of the affairs of the company. He works in two capacities, via, that of a Director and that of a Manager of the company.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
_________ Is an employee of the company?
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:
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:
The nature of the relationship of Director with the company.
Write a word or a term or a phrase which can substitute the following statement:
Name the secretarial standard-l
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:
Independent Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Casual vacancy of a Director.
Explain the following Term/Concept:
Secretarial Audit
Distinguish between the following:
Managing director and Manager
Justify the following statement:
Directors have to work as a team.
Justify the following statement:
Company Secretary plays a triple role.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
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 of 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.
