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What duties did Brock as a director owe to firm body?
Heheh firm.
What are the duties and responsibilities of a logistic officer in any firm?
The duties and responsibilities of a logistic officer in any firm are quite diverse. The duties are to ensure that all logistics are handled which include facilitation of training for staff members and identify any areas that need improvement in efficiency.
What are the duties of partners in partnership firm?
1.sincere and faithful.2.to abide by the decision
What are the responsibilities of a pioneer farmer?
The resposibilties that a pioneer farmer had to do was to milk the cows, set hens, make honey, and raise chickens.
What are the duties and rights of the partners?
Rights and Duties of the Partners of the Firm Mutual trust and cordiality are the heart of smooth functioning of the partnership firm. Acts of the partner bind the firm and all partners of the firm to the outside world: Rights of the Partners 1.Right to take part in the conduct of management of the firm. 2.Right of being consulted and chance of expression of opinion in the conduct of the business. Decisions are taken on the basis of the vote of the majority. However for the following acts the decisions needs to be taken on unanimous basis: a) Change in the nature of the business. b) Change in the place of business. c) Incase of any particular item if the partnership deed provides that decision needs to be taken on unanimous basis. d) Admission or expulsion of partner (subject to as provided in deed). 3.Right to have access to books of accounts of the firm. 4.Right to share profits of the firm as per the partnership deed, and if the deed is silent in this regard, to share profits equally. 5.Right to have interest on capital deployed for the firm. 6.Right to receive remuneration for conduct of management of the firm. 7.Right to receive interest on temporary advances made to the firm. 8.Right to be indemnified for any acts done in an ordinary course of business for the best interests of the firm. Duties of the Partners 1. Absolute Duties Following are the absolute duties of partners: a) Duty to act in good faith in the conduct of partnership. b) Duty to carry on business in true and commercial prudence for the advantage of all the partners. c) Duty to account for true account for other partners. d) Duty to indemnify firm for any loss caused to the firm on account of fraud done by a partner to any third party. e) Duty to provide true and correct information with regard to transactions of the firm to all the other partners of the firm. f) Every partner of the firm is jointly and severally liable for all the liabilities concerning the firm. A creditor of the firm can proceed against the firm or any partner of the firm to enforce his right. g) No partner can transfer his interest or assign his interest without the permission of other partners of the firm. 2. Qualified Duties Following are the implied duties on the part of partners of the firm unless any contrary is proved: a) Duty to act diligently with care and prudent means in the conduct of business. b) Duty to share losses of the firm. c) Duty to use firm's property exclusively for the best interest of the firm's business. d) Duty to indemnify to the firm any loss caused to the firm on account of willful neglect on part of the partner. e) Not to account for the secret profits at the expense of the firm. f) Not to start any business of competing nature.
What has the author Wilbur Harvey Hunter written?
Wilbur Harvey Hunter has written: 'A Baltimore law firm' -- subject(s): Hinkley and Singley (Baltimore, Md.)
Can a person be an MD and CEO at the same time of same firm?
Yes, a person can hold both the titles of MD (Managing Director) and CEO (Chief Executive Officer) at the same firm, especially in smaller organizations or startups where leadership roles may overlap. In larger corporations, however, these roles are often separated to ensure a clear division of responsibilities and governance. Holding both positions can lead to more streamlined decision-making, but it may also raise concerns about checks and balances within the company. Ultimately, it depends on the firm's structure and governance policies.
What are the typical responsibilities of a legal administrator?
A legal administrator is, generally speaking, responsible for taking calls and messages, organizing appointments, and doing any other secretarial duties that someone at a law firm may request. If the firm is somewhat smaller, this individual is reponsible for the day-to-day operations of managing the office. The position should be viewed as a non-lawyer position at a firm responsible for management decisions. Of course, these responsibilities are going to vary from firm to firm, but in general, most of the responsibilities will probably be fairly close to the same. Some of these may include managing business functions, as well as overall office operations. These duties can include: financial planning, human resource management, system and facilities management, operations and practice management, as well as marketing practices for the firm.
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.
How do mailroom supplies work?
Mailroom clerk duties include education and training, skills. In many law firms, mailroom clerks pick up and distribute mail throughout the firm several times a day, allowing you to meet and interact with staff at all levels of the firm.
Can a managing partner of partnership firm be designated chief executive officer?
Yes, a managing partner of a partnership firm can be designated as the chief executive officer (CEO). This designation is often used to clarify their leadership role and responsibilities within the firm, especially in larger partnerships or those with a more formal organizational structure. However, the specific authority and duties associated with the title would depend on the partnership agreement and the firm's internal governance.
What is Human Resource Managemnet?
Human resource management is defined as the formal system that is used to manage people in a firm. Some of the main duties include hiring, training and firing employees.
