(II) The Managing Director shall act as Controlling and Distributing Officer in respect of all funds of the Corporation and shall operate account either singly or jointly with a Director or any Officer of the Corporation authorized in this behalf by the Board of Directors from time to time and to draw, accept and endorse bills of exchange and other instruments in the current and authorized business of the Corporation and to sign all other accounts, receipts and documents connected with such business.
(III) The Managing Director shall organize and supervise the office of the Corporation, maintain discipline and exercise such powers n connection with appointments, promotions, termination of service and other disciplinary matters and leave of the staff of the Corporation as may be vested by the Board of Directors, in this behalf and to allocate duties to the staff and make such other arrangements as may be necessary for the efficient discharge of the functions of the Corporation.
Section 12 • Andhra Pradesh State Warehousing Corporation Regulations, 1965
12. Powers of the Managing Director.
andhra-pradesh-state-warehousing-corporation-regulations-1965-sec-12.json
•
Section 12
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"content": "(II) The Managing Director shall act as Controlling and Distributing Officer in respect of all funds of the Corporation and shall operate account either singly or jointly with a Director or any Officer of the Corporation authorized in this behalf by the Board of Directors from time to time and to draw, accept and endorse bills of exchange and other instruments in the current and authorized business of the Corporation and to sign all other accounts, receipts and documents connected with such business.\n(III) The Managing Director shall organize and supervise the office of the Corporation, maintain discipline and exercise such powers n connection with appointments, promotions, termination of service and other disciplinary matters and leave of the staff of the Corporation as may be vested by the Board of Directors, in this behalf and to allocate duties to the staff and make such other arrangements as may be necessary for the efficient discharge of the functions of the Corporation.",
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