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What is the difference between a director and a promoter in a company?
Wiki User
∙ 13y ago
A promoter is a founder of a company. He may or may not be the director of the company. If the promoter is a director of the company as well, then he is subject to receiving of dividends as per his proportion of shareholding in the company.
Wiki User
∙ 13y ago
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Difference between a chairman and managing director?
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
Difference between chairman and director of the company?
A director is someone who oversees the whole business and helps it run as a whole. For example, you may have a director of human services and an executive director. The chairman is someone who sits on the board of the company and makes decisions related to the company.
Difference between Managing director and Whole Time Director?
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
What is the difference between managing director and president of the company?
The difference between managing director and president of the company is like prime minister and president in India. While both the managing director and prime minister are having wider power in day to day operation of the company/country, both the president of the company and country are mere rubber stamps (though both posts are highly honorable) and their discretionary powers are during AGM of the company,signing important papers/documents and for president of the country, the powers are exercised during independence day celebrations,opening/concluding speeches during budget sessions etc.
What is the difference between multinational company and multinational enterprise?
There is no difference. Only the company branches out further than the enterprise.
Difference between a chairman and managing director?
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
Difference between chairman and director of the company?
A director is someone who oversees the whole business and helps it run as a whole. For example, you may have a director of human services and an executive director. The chairman is someone who sits on the board of the company and makes decisions related to the company.
What is the difference between Chief executive officer and managing director?
The difference is that a CEO is a mere employee of the Company while the MD is a Director of the Company and must assume the role and duties of a Director as laid down in Legislation. The MD must sit on the Board of a Company while a CEO may sit on the Board.
When did Albert Grant - company promoter - die?
Albert Grant - company promoter - died in 1899.
Who is the promoter of a company?
The promoter of a company is the one who tries to get people to go there. This could be to buy products.
When was Albert Grant - company promoter - born?
Albert Grant - company promoter - was born in 1831.
Who is the promoter of company?
The promoter of a company is the one who tries to get people to go there. This could be to buy products.
How can you find a promoter for your drama company?
If you suck your toes you will instantly find a promoter.
How many people are required to incorporate a One Person Company?
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member's death or incapacitation become a member of the Company.
Difference between strategic acquisition and financial acquisition?
Strategic acquisition occurs when one company acquires other as part of its overall strategy. Financial acquisition is where a financial promoter is the acquirer. The acquisition is not strategic , for the company acquired is operated as an independent entity.
What is the Relationship between promoter and a company?
relationship between a company and a promoter is fiduciary .He is bound to disclose all the accounts and other contracts he entered into before incorporation of the company to an independent and competent board of directors so that he may be held accountable for any ill gained profits and may be held accountable for them before the board.
Difference between Managing director and Whole Time Director?
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
