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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.1 Mark
Question
How much remuneration can be paid to a part time Managing Director?
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Answer

Managing Director is entrusted with the substantial powers of management, i.e., discretionary powers to take decisions regarding important policy matters.

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