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Question
Select the correct option from the bracket:
| Group A | Group B |
| ______ | First Director |
Options
Every Listed Company
Appointed by Promoters
Appointed in place of a Director who is absent
Retire by rotation
Solution
| Group A | Group B |
| Appointed by Promoters | First Director |
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
A maximum of __________ Directorships of a public company is allowed to a person.
Select the correct answer from the options given below and rewrite the statement.
_______ Is a unique identification number required to be a Director?
Select the correct answer from the options given below and rewrite the statement.
Director represents company in his role as ________
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Board of Directors | 1) Nominated by the Board |
| b) Managing Director | 2) Assists and advises the Board |
| c) Company Secretary | 3) Automatic Appointment |
| d) First Directors | 4) Appointed by ROC |
| e) Alternate Director | 5) Extensive Powers of management |
| 6) Substantial Powers of management | |
| 7) Appointed by Promoter | |
| 8) Assists and Advises the Government | |
| 9) Negligible Powers of management | |
| 10) Nominated by Council |
Match the pairs:
| 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 |
State whether the following statement is True or False.
A large number of shareholders necessitates the company to have a separate managerial body.
State whether the following statement is True or False.
The maximum number of Directors allowed to a company is 15 (fifteen).
State whether the following statement is True or False.
A public company should have a minimum of 10 (ten) directors
State whether the following statement is True or False.
Only individuals can be directors.
State whether the following statement is True or False.
The casual vacancy of the Board is filled by the members.
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.
A Director is an employee of the company.
Complete the sentence.
Minimum number of Directors for a private company should be_______
Complete the sentence.
Minimum number of Directors for an OPC should be _______
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 _______.
Select the correct option from the bracket:
| Group A | Group B |
| Rotational Director | __________ |
Explain the following Term/Concept:
Director.
