Examveda
Examveda

The management of the company is entrusted to __________.

A. Promoters

B. Employees

C. Share holders

D. Board of Directors

Answer: Option D

Solution(By Examveda Team)

The management of the company is entrusted to Board of Directors. A “Managing Director” means a Director who, by virtue of Articles of Association of a Company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial powers of management of affairs of the company.

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