A Managing Director is appointed for a period of 5 years.
True
False
A
False
B
True
Open in App
Solution
Verified by Toppr
True.
A Managing Director is someone who is responsible for the daily operations of the company, organization or corporate division.
As a member of senior management, the managing director the managing director is also expected to keep a company solvent and to promote expansion and innovation within the industry. Managing Director is appointed for a period of five years.
Was this answer helpful?
0
Similar Questions
Q1
State the following statement is True of False:
A Managing Director is appointed for a period of 5 years.
View Solution
Q2
The Managing Directors can be appointed for the period of __________ years.
View Solution
Q3
State the following statement is True of False.
The Managing Director is whole time Director of a company.
View Solution
Q4
The maximum term at a time for appointment of managing director is _________ year.
View Solution
Q5
State whether the following statement are True or False: A group of elected/appointed representatives of shareholders who manage a company are called the board of directors.