alleryStart learning →Home › Bihar Board Class 12 (Commerce) › Business Studies › Formation of a Company › The Act defined company secretaries as which cat…
The Act defined company secretaries as which category of company staff?
AStatutory auditors
BIndependent directors
CKey managerial personnel
DSmall shareholders
Answer & Solution
Correct answer: C. Key managerial personnel
For the first time the Act treated the company secretary as key managerial personnel.
Related questions
The company offering its shares in an IPO is known as what?What fee do underwriters keep from the proceeds of an IPO called?A listed company has 2 million shares outstanding at Rs 50 each. What is its market capitaMoney paid for newly issued shares in a primary offering goes to whom?Who typically underwrites an IPO?What is the process of a private firm offering shares to the public for the first time calA prospectus commonly includes which details about a company?Which document describes a security to potential buyers?