A director who by virtue of an agreement with the company or a resolution passed by a company in gen...........

Companies Act-Phase (I & II) Directors - powers and appointment

A director who by virtue of an agreement with the company or a resolution passed by a company in general meeting or by its BODs or by virtue of its MOA/AOA, is entrusted with substantial powers of management is known as:

Whole Time Director

Independent Director

Managing Director

Executive Director

None of the Above

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Explanation:

As per Section 2(54) of Companies Act, 2013, Managing director is a director who by virtue of an agreement with the company or a resolution passed by a company in general meeting or by its BODs or by virtue of its MOA/AOA, is entrusted with substantial powers of management which would not otherwise be exercisable by him.