Q. The term Managing Director as defined by Companies Act, 2013, means (Solved)
1. A director who, by virtue of the articles of a company is entrusted with substantial powers of management of the affairs of the company.
2. A director who, by virtue of an agreement with the company is entrusted with substantial powers of management of the affairs of the company.
3. A director who, by virtue of a resolution passed in its general meeting, or by its Board of Directors is entrusted with substantial powers of management of the affairs of the company
4. All of the above
- d. All of the above