LEGAL REQUIREMENTS OF INCORPORATION OF A COMPANY

FILING OF DOCUMENTS The following documents are required to be FILED with the registrar of companies for the incorporation of a joint stock company : 1.MEMORANDUM OF ASSOCIATION 2.ARTICLES OF ASSOCIATION 3.LIST OF DIRECTORS 4.WRITTEN CONSENT OF DIRECTORS 5. DECLARATION REGARDING QUALIFICATION SHARES 6.NOTICE OF REGISTERED OFFICE 7.STATUTORY DECLARATION   1.MEMORANDUM OF ASSOCIATION: It is the most […]

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PRIVATE and PUBLIC COMPANIES

DEFINITION OF PRIVATE COMPANIES A private company means a company which: 1. Restricts the right of members to transfer its shares. 2. Has a minimum of 2 and a maximum of 50 members, excluding the present and past employees, does not invite the public to subscribe to its capital and must have a minimum paid up capital […]

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KINDS OF PARTNERSHIP FIRM

  TYPES OF PARTNERSHIP FIRMS 1.  PARTNERSHIP AT WILL 2.PARTICULAR PARTNERSHIP 3.JOINT VENTURE There can be two kinds of partnership firms, namely 1. A general partnership ,2. The limited partnership in the general firm, all partners have unlimited liability. Partnership as will, particular partnership and joint ventures are the examples of general partnership but in the limited firm, […]

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LEGAL FORM OF ORGANISATION

    JOINT HINDU FAMILY FIRM   MEANING OF JOINT HINDU FAMILY The joint Hindu family business is a form of business organisation in which the family possesses some inherited property and the ‘KARTA’ the head of the family, manages its affairs. It comes into existence by the operation of the Hindu law and not out […]

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LEGAL FORMS OF ORGANISATION

SOLE PROPRIETORSHIP A business enterprise may be run by one person or group of person. When it is owned by one person, it is known as a sole proprietorship. Excepting this form of organisation, all other forms of business organisations come under the category of ‘group ownership’ or ‘joint ownership’. GROUP ownership may take the form of operative […]

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LIBERALISATION ,GLOBALISATON AND PRIVATISATION

LIBERALISATION The economic environment in India has undergone several changes since 1991 when the new industrial policy was announced by the central government to give when the industrial policy was announced by the central government to give a boost to the processes of liberalisation and globalisation. The term liberalisation means removal of entry and growth restrictions on the […]

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A BUSINESS OPPORTUNITY

    A great business opportunity  awaits you for more details contact :     ADMIN: NIMIT KAPOOR   WhatsApp no: 9811842375  INSTAGRAM: nimit.kapoor              WISH YOU WELLTH .     CONTACT  FOR GREAT BUSINESS OPPORTUNITY  THIS COULD BE YOUR LIFE CHANGING MOMENT …   START YOUR OWN BUSINESS, WE ARE PROVIDING YOU WITH […]

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