Which statements are correct?

Directors are -

Trustees of Company

Managers of Company

Agents of Company

Owners of Company

Codes

Where a Director acts dishonestly to the interest of the Company, he will be held liable for _________

Which one of the following documents is submitted by the Board of Directors at every AGM?

Audit committee shall act in accordance with the terms of reference to be specified by _______

________ committee suggests that the non-executive directors can play a crucial role in corporate Governance.

____ Director act during the absence of the original Director.

The appointment of every Director is to be made by an _____ at the general meeting.

When a Director voluntarily remains absent from the three consecutive meetings of the Board of Directors_______

Managing Director can be appointed for a maximum period of _______

_______ is a group of people who are acting on behalf of the Company.

Minimum number of Directors in private Company is ______

Minimum number of Directors in public Company is ________

A meeting of board of Directors shall be held at least  ________

_________ is the executive authority of the Company.

A person cannot hold directorship of more than ______ Companies at a time.

The Directors may be held ________ liable on their failure to fulfil the formalities imposed upon them by the Act.

______ members of Directors need to retire every year.

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Directors are ________ of the powers conferred on them and they must exercise those powers bonafide and for the benefit of the Company.

The Managing Directors hold the ________ shares of the Company.

An elected Director can be terminated by the __________

The office of a Director becomes vacant if he fails to obtain h is qualification shares within ____________

________ is the supreme policy framing and decision making organ of a Company.

A __________ may be defined as a person having control over the affairs, conduct and management of a Company.

The Board of Directors delegate the power to _________

Company can restrict a Director from participating in a meeting through video conference, if he has not given intimation at the beginning of the year.

Any business which is required to be transacted at the meeting of the Board of Directors of a Company, it shall be sufficient if, in case of such OPC, the resolution by such Director is entered in the minute’s book.

In case of an OPC, if there is only one Director on the Board of Directors, the quarterly board meetings are not required to be held.

In case of a Section 8 Company, the Board of Directors of the Company shall hold at least one meeting within six calendar months.

All companies – whether private limited Companies or public Companies are required to hold at least four meetings of its Board of Directors in each quarter every year.

Once shareholders remove a director from the Board, the Board of Directors cannot reappoint him.

A special notice would not be required for passing resolution to remove a director.

Shareholders of the Company may, by passing an ordinary resolution in general meeting, remove a Director.

The Director shall not be liable for the acts / transactions occurred during his tenure even after his disassociation with the Company.

The Director shall be liable for the acts / transactions occurred during his tenure even after his disassociation with the Company.

Registration of a Director shall take effect from the date on which the notice is received by the Company or the date specified in the notice whichever is earlier.

An individual holding a valid DIN and not qualified from being appointed as Director under section 164 of the Companies Act, 2013, is not eligible to be appointed as Director.

An individual should hold a DIN before being appointed as a Director in any Company.

DIN is a unique identification number issued to an intending Director by the DIN cell of Ministry of Corporate Affairs.

Every buy back shall be completed within a period of on year from the date of passing of the special resolution.

The Board of Director is the proper authority to convene Annual General Meeting.

Only Board of Directors can convene an Extraordinary General Meeting.

In case of a public Company the minimum number of directors is five.

A director of a Company may be a person, a firm or a body corporate.

The maximum number of directors in a public as well as private Company is twenty.

Only one director can be appointed as a Managing Director.

Every private company must have minimum three directors.

Powers, rights, remuneration, qualification and duties of directors are discussed clearly in __________

Under the Indian Companies Act, 1958, a person can be a Director in _______

Under the Companies Act, which of the following powers can be exercised by the board of directors?

A person cannot act as Managing Director of more than ______ company / companies at a time.