Law help..
Shubham kumar (.) (620 Points)
23 February 2013
what is the meaning of "helm of affairs of the company". . . . . Eg. Directors are at the helm of affairs of the co.
3 Replies
CA Anushree jain
(CA)
(1531 Points)
Replied 23 February 2013
this means affairs of campany are managed by directors
Sathish M
(Management Accountant)
(40581 Points)
Replied 24 February 2013
The Board of Directors are responsible to take major decisions for their company and thus entrusted with the task of managing the affairs of the company. This role is carried out by people sitting in top managerial position and hence they are said to be at the HELM OF AFFAIRS.
Recent Topics
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
Related Threads
CAclubindia
