The persons who are in charge of the management of affairs of a company are termed as directors. They are collectively known as ________.

Question

Q. The persons who are in charge of the management of the affairs of a company are-
(1) Termed as directors
(2) Known as board of trustee
(3) Collectively known as board of directors.
Select correct answer from the options given below -

Answer 1

Section 2(10) of the Companies Act, 2013 defined that Board of Directors or Board, in relation to a company, means the collective body of the directors of the company.

The persons who are in charge of the management of affairs of a company are termed as directors. They are collectively known as ________.

The correct option is D board of directorsSection 2(10) of the Companies Act, 2013 defined that Board of Directors or Board, in relation to a company, means the collective body of the directors of the company.

The correct option is D board of directors
Section 2(10) of the Companies Act, 2013 defined that Board of Directors or Board, in relation to a company, means the collective body of the directors of the company.