DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.1 Mark
Question
Who manages the company in modern time?
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Answer
The directors are regarded as trustees of the company’s assets and the powers vested in them because they administer those assets and exercise those powers in the interest of the company and not for their personal advantage.
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