The document outlines key aspects of company incorporation and definitions under the Companies Act 2013 in India. It discusses the objectives of the act including promoting entrepreneurship, transparency and compliance. It defines important terms like accounting standards, auditing standards, books of accounts, and small companies. It describes the process of incorporating different types of companies including private companies, one person companies, and requirements like memorandum of association, articles of association, and certifications needed.
Company form of entity is best preferred for establishing business in India. Here are Steps for incorporating a company in India under companies Act, 1956. There are other compliance requirements of Foreign Direct Investment and FEMA which needs to be fulfilled while incorporation of a subsidiary in India. We at Rayvat Accounting Specialize in providing incorporating a company in India.
Company form of entity is best preferred for establishing business in India. Here are Steps for incorporating a company in India under companies Act, 1956. There are other compliance requirements of Foreign Direct Investment and FEMA which needs to be fulfilled while incorporation of a subsidiary in India. We at Rayvat Accounting Specialize in providing incorporating a company in India.
Company information is very important for business. Without incorporation , A business can not run. Here i summarized the total business incorporation rules & regulation. More details is coming. I will try to explain more details in a Pdf file.
Incorporation of One Person Company under Companies Act 2013Megha Aggarwal
No need to have a co-founder. Even one man show can incorporate a Company and enjoy the benefits of limited liability and separate legal entity.
All sole proprietors should go for OPC
Company registration services in chennai India for new company registration process and Company Incorporation in chennai with effective quality services."
CSR and its important definitions - Dr S. ChandrasekaranD Murali ☆
CSR and its important definitions - Dr S. Chandrasekaran - Article published in Business Advisor, dated August 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Company information is very important for business. Without incorporation , A business can not run. Here i summarized the total business incorporation rules & regulation. More details is coming. I will try to explain more details in a Pdf file.
Incorporation of One Person Company under Companies Act 2013Megha Aggarwal
No need to have a co-founder. Even one man show can incorporate a Company and enjoy the benefits of limited liability and separate legal entity.
All sole proprietors should go for OPC
Company registration services in chennai India for new company registration process and Company Incorporation in chennai with effective quality services."
CSR and its important definitions - Dr S. ChandrasekaranD Murali ☆
CSR and its important definitions - Dr S. Chandrasekaran - Article published in Business Advisor, dated August 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
ResCare Best Practices "Targeted Recruitment Model" WebexJohn Korusek
“Targeted Recruitment Model” at the ResCare Workforce Services Employer Relations Specialist (ERS) Best Practices WebEx on April 18, 2013:
This power point helps: To Identify Skill Sets of Applicant Pool, To Find Employers who Need Skills Sets, To Establish Career Connect Job Clubs, To Plan Hiring Events, To Prepare JobSeekers for Hiring Events, to Hold Events and Make Placements.
Pietro Di Bello, Paolo D'Incau - Continuous Delivery su progetti Java: cosa a...Codemotion
Condivideremo esperienze reali tratte da progetti dove applichiamo pratiche di Continous Delivery. Racconteremo di come si può far evolvere iterativamente una pipeline partendo da semplici task (build e deploy mono-ambiente) fino ad arrivare ad unica pipeline multi-ambiente ispirata allo stato dell’arte e alle lezioni che abbiamo imparato facendoci del male. Forniremo esempi concreti, focalizzandoci sugli aspetti relativi al codice, all’infrastruttura e rapporto con gli stakeholders.
See how Sonru Video Interviewing can guide you through the hectic Seasonal Hiring process, making room for more modern recruitment, enlisting stakeholder involvement, eliminating geographic barriers and allowing a convenient process for all.
People Performance High Performance Team DevelopmentIsaac Peter
We have developed a high performing team model based on years working with teams from MNCs and SMEs. Our tool theoretical framework is supported by works from MIT's X-team and Patrick Lencioni's 5 Dysfunction of a team.
To evaluate team progress, we have developed a team assessment tool to support your team development initiative.
Contact us for a no-obligation consultation at enquiry@ppl-performance.com
Most of the times Agile is described as a set of practices. In this presentation I will give a different point of view of Agile, where practices are just a means to build an effective working culture.
describe about planar chromatography-classification,separation,procedure,application.
it is the mixing of both paper chromatography and thin layer chromatography.
Companies act ,( 2013 new concepts_13.09.2013 (final)arun2211
companies act 2013, new concepts like secretarial audit, auditing standard, secretarial standard, One person company, associate comapny, consolidation of accounts, control, class action suits, dormant company etc
COMPARATIVE STATEMENT OF PRIVATE LIMITED COMPANY AND A SIGLE MEMBER COMPANY IN PAKISTAN
In Pakistan Companies could be form in many ways; for running a business registered under the federal statue, there are two popular ways to incorporate a company where liabilities are limited to its shares; one way is to form a Private Limited company; other way is to form Single Member Company and both are convertible into other kind (upward or downward as case may be) referring to Section 47 of the Companies Act, 2017 hereafter called as Act;
1. Origin Of Companies Act in India
2. What is a Company?
3. Definition & Characteristics
4. Different Type Of Entities:
a. On Basis Of Liability
b. On Basis Of Registration
5. Small Company
6. Private Company
7. Public Company
8. Unlimited Company
9. Foreign Company
10. Government Company
11. Holding, Subsidiary, Associate Company
12. Investment Companies
13. Promoters
14. Incorporation Of Registration
15. MOA, AOA
16. Tata Sons Vs Cyrus Mistry
17. Vodafone Tax Case
Reliability and Maintenance in production ManagementNazneen sheikh
This ppt may help you to get a clear picture about reliability and maintenance in Production Management.
Feedback is a must!!!1
Regards.
Nazneen Sheikh
Here are some of the efforts taken up by SIDBI so that women are encouraged more towards opening their own business.
kindly go through the Schemes and it might be helpful to you in any sense.
Feedback is a must!!!!
Regards,
Nazneen Sheikh
Best B-Plan made by me in a Rs.150 Venture held in my college and also won first prize in the same.
You all can go through it and can take a gist of how it can be made.
one of the best B-Plan ever Made.
A study on recruitment & selection processNazneen sheikh
This is a short presentation of My summer Internship into Recruitment and Selection Process.
Can be Helpful for beginners on how to make on Presentation on Summer Internship.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
2. Objectives of the Act :
To Promote the development of economy by
encouraging entrepreneurship and enterprise
efficiency & creating flexibility and simplicity &
maintenance of the Company.
Encourage transparency, accountability & high
Standards of Corporate governance.
To recognize various new concepts, procedures
facilitating ease of doing business while the
interest of all stake holders are protected.
3. To enforce strict action against frauds & gross non
compliance with the company law provisions.
To set up institutional structure in the form of various
authorities, bodies, panels aw well as by including
the recognition of various roles for professionals and
other experts
To cater to the needs for more effective and time
bound approvals & compliance requirements.
To set and follow – Accounting & Auditing Standards
compatible to Universal norms.
4. Important Definitions –
“ Accounting standards” – u/s 2(2) – means standards of
accounting as applicable uniformly to all the companies
referred to in Section 133.
“ Auditing Standards” – u/s 2(7) – means auditing standards
hitherto followed uniformly by all the companies or class of
companies referred to sub – section (10) of Section 143.
“Books Of Accounts” – u/s 2(13) includes records maintained
in respect of the requirements under the Auditing standards.
“Financial Year” – April 1st
to March 31st
.
Deposits – Section 2(13) includes receipt of money by way of
Deposit or loan in any form as prescribed in consultation with RBI.
5. Foreign Company – u/s 2(42) means any body corporate
Incorporated outside Indis which:
a)Has a place in India whether by itself or through agent,
physically or through electronic mode; and
b)Conducts any business activity in India in any other manner
Independent Directors – 2(47) means an independent director
Referred to sub section (5) of section 149.
Indian Depository Receipts u/s 2(48) – means any instrument in
the form of depository receipt created by a domestic depository
in India and authorized by a company incorporated outside India
making an issue of such depository receipts.
One man company – Section 2(62) means a company which has
only one person as a member.
6. Small Company – Section 2 (85) – means a company, other
than a public company :
Paid up share capital of which does not exceed fifty lakh
rupees or such higher amount as may be prescribed which
shall not be more than five crore rupees; or
turnover of which as per the last profit and loss account does
not exceed two crore rupees or such higher amount as may
be prescribed whch shall not be more than twenty crore
rupees.
Provided that nothing in this clause shall apply to:
A ) A holding company or a subsidiary company
B)A Company registered under section 8 or
C) A company or body corporate governed by a special act.
7. Chapter – 2 Incorporation of Company :
The 2013 Act introduced new form of entity “ One Person
Company” and incorporated certain new provisions in
respect of memorandum & articles of association.
“ Company Limited by Guarantee” – means a company
having the liability of its members limited by the memorandum
to such amount as the members may respectively undertake to
contribute to the asset of the company in the event of being
wound up.
“Company Limited by Shares” – means a company having the
liability of its members limited by the memorandum to the
amount if any, unpaid on the shares respectively held by them.
8. “ Company Liquidator : - in so far as it relates to the winding
up of a company means a person appointed by :
a)Tribunal in case of winding up by the Tribunal.
b) The Company or creditors in case of voluntary winding up.
As a company Liquidator from the panel of professionals
maintained by the Central Government under sub – section (2)
of section 275.
“ Body corporate” includes company incorporated outside ,
India, but does not include :
i)a co-operative society registered under any law relating to
Co – operative societies: and
ii) Any other body corporate (not being company defined in
this act), which the Central Government may by notification,
specify in this behalf.
9. “Private Company” – means a company having minimum paid
up share capital of one lakh rupees or such higher paid up
Capital as may be prescribed and which by its articles, :
i)Restricts the rights to transfer its shares:
ii) except in case of One Person Company, limits the number
of its members to 200.
Provided that where 2 or more persons hold one or more shares
in a company jointly, they shall, for the purpose of this clause, be
treated as single member, provided further that :
a)persons who are in the employment of the company; and
b)Persons, who, having been formerly in the employment of
the company, were members of the company after the
employment ceased, shall not be included in the number of
members; and
iii) Prohibits any invitation to the public to subscribe for any
securities of the company
10. Formation of a Company :
A company may be formed for any lawful purpose by :
7 or more persons where the company to be formed is to be
a public company.
2 or more persons, where the company to be formed is to be
a private company.
One person, where the company to be formed is to be One
Person Company, that is to say, a private company, by
subscribing their names to a memorandum & complying
with the requirement of this act in respect of registration.
One Person Company shall indicate the name of the other
person with his prior consent, in the prescribed form, who shall
in the event of the death or incapacity of the subscriber shall
become the member of the company and such consent is filed
11. Steps for Incorporation of a Company
Process of Incorporation of One Person Company (OPC)
Obtain Digital Signature Certificate (DSC) of the Proposed
Directors.
Obtain Director Identification Number (DIN) – proposed
directors
Select suitable name, and make an application to Ministry of
Corporate affairs for the availability of name.
Draft MOA & AOA
Sign & file various documents including MOA & AOA with ROC
electronically.
Payment of requisite fee to Ministry of Corporate Affairs and
Stamp duty.
Scrutiny of documents by ROC
Receipt of Certification of Registration / Incorporation from ROC
12. Section 7 of Companies Act 2013 – sets standard procedures:
Documents with ROC – Jurisdiction set – MOA & AOA signed
by all the subscribers.
Declaration in the prescribed form – CA, Advocate, Company
secretary, a person named in Articles as director.
Affidavit from each of the subscribers to the MOA named as first
directors – not convicted for an offence in connection to the
formation of the company, he has not been found guilty of
any misfeance, and moral turpitude.
On and from the date mentioned in Certificate of Incorporation,
ROC shall allot to the company identification number which
shall be a distinct identity for the company posted in the
certificate.
The company shall maintain & preserve at its registered office
all documents as originally filed till its dissolution.
No person shall furnish any false & suppress material facts, they
may be criminally prosecuted, fraudulent actions initiated under
section 447.