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Question
Complete the sentence.
First Directors of a company are appointed by _______
Solution
First Directors of a company are appointed by Promoters.
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| Group ‘A’ | Group ‘B’ |
| a) Public company | 1) Arises due to death of Director |
| b) Private company | 2) Collective Powers |
| c) Secretarial Auditor | 3) Individual Powers to Directors |
| d) Casual Vacancy of a Director | 4) Arises due to additional work |
| e) Powers of the Board | 5) Appointed by Managing Director |
| 6) At least 2 (two) Directors | |
| 7) At least 3 (three) Directors | |
| 8) At least 15 (fifteen) Directors | |
| 9) At least 1 (one) Director | |
| 10) Appointed by the Board |
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Executive Director is called as outside Director.
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State whether the following statement is True or False.
To function as per the Articles of Association of the company is the statutory duty of the Board.
State whether the following statement is True or False.
Minimum and Maximum age to be a Managing Director is 21 and 70; respectively.
Find the odd one.
Complete the sentence.
Casual vacancy on Board is filled by _______.
Complete the sentence.
The audit which checks the compliance of Companies Act is called as _______.
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| ____________ | Alternate Director |
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| ______ | First Director |
Answer the following question:
Explain the Managing Directors.
