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Standard XII
Business Studies
Principles of Scientific Management
Distinguish:G...
Question
Distinguish:
General Meeting (Shareholders' Meeting) and Directors Meeting (Board Meeting).
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Solution
The general meeting or shareholders' meeting is the meeting of the owners of the company.
In this meeting, they select the directors of the company.
The directors meeting or the board meeting is the meeting of the ones who are elected to run the company.
In this meeting, the directors decide about the objectives and plans of the company.
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Q.
Directors may be appointed -
(1) By a provision in the articles.
(2) By creditors in their meeting.
(3) By shareholders in general meeting.
(4) By the ROC.
(5) By the Board of directors.
(6) By the SEBI.
Select the correct answer from the options given below -
Q.
State the following statements is True or False:
The meeting of shareholders which is held in between two consecutive Annual General Meetings is Extra Ordinary General meeting.
Q.
Extra ordinary general meeting can be called by director.
Q.
If shareholders cannot appoint the auditors in General Meeting, then who will appoint the auditors?
Q.
Before the Annual General Meeting the secretary has to draft the annual/directors report.
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