• Like
Companies act
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Companies act

  • 396 views
Published

 

Published in Business , Economy & Finance
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
396
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
38
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. COMPANIES ACTSreerag
  • 2. CompanyCompany means a company formed and registered underthis Act or an existing company as defined the Act.• Voluntary association of persons• Purpose of doing business.• Distinct name and limited liability.
  • 3. • According to Indian companies Act 1956, a joint stock companyas “ a company limited by shares having a permanent paid up ornominal share capital of fixed amount divided into shares also offixed amount, held and transferable as stock and formed on theprinciple of having its members only the holders of those shares orstocks and no other persons”.Definition
  • 4. • Separate legal entity• Limited liability of members• Perpetual succession• Common seal• Separate property ownership• Transferable shares• Capacity of sue and being suedCharacteristics of a company
  • 5. • Chartered companies• Statutory companies• Registered companiesTypes of companies
  • 6. • Incorporated under a special Royal Charter.• Issued by the king or queen.• Regulated by the provision of that charter.Chartered company
  • 7. • Incorporated under the special Act of Parliament or legislature.• All activities of statutory companies are governed by the specialAct which they are established.Statutory Companies
  • 8. • Unlimited Companies• Companies Limited by Guarantee• Companies Limited by shares• Private Limited Company• Public CompanyRegistered Companies
  • 9. • Government Company• Foreign Company• Holding and Subsidiary CompanyOther forms…
  • 10. Thank you