The document outlines the key stages in forming a company:
1. Promotion, where an individual called a promoter undertakes initial work to establish the company.
2. Incorporation, which occurs when the company registers with the Registrar of Companies by submitting important documents like the Memorandum and Articles of Association.
3. Capital subscription, where a public company can raise funds from public issue of shares and debentures through steps like SEBI approval and allotment.
4. Commencement of business, the final stage where the company receives a certificate from ROC allowing it to begin operations.
Project For Business Studies Class 11
Sub. Teacher- Preksha Mehta
Specially For- Students who want a Diffrentiation between public and private comapny, stages for formation of a company, privilage of a private comapny over public company.
Definition
Stages in Formation
Memorandum of Association (MOA)
Article of Association (AOA)
Prospectus
Definition
Stages in Formation
Memorandum of Association (MOA)
Article of Association (AOA)
Prospectus
help how company formed in pakistan
Guys if you are desirous of a Personalized PowerPoint Presentation, then feel free to screen into my SlideShare profile and pick up the most suitable Contact method to get in touch with me.
*Statutory Declaration - The Slides are congested as they contain a number of animations. Please download it and play Slideshow for proper understanding. Thank You.
What is the Certificate of Commencement of BusinessLegal Raasta
Certificate of Commencement of Business under Companies Act, 2013, Companies Act 1956.
To know more About What is the Certificate of Commencement of Business, visit https://www.legalraasta.com/
Need to obtain a certificate from the registrar of companies in order to commence a new business. Prospectus of a company and its related information will be discussed here.
Project For Business Studies Class 11
Sub. Teacher- Preksha Mehta
Specially For- Students who want a Diffrentiation between public and private comapny, stages for formation of a company, privilage of a private comapny over public company.
Definition
Stages in Formation
Memorandum of Association (MOA)
Article of Association (AOA)
Prospectus
Definition
Stages in Formation
Memorandum of Association (MOA)
Article of Association (AOA)
Prospectus
help how company formed in pakistan
Guys if you are desirous of a Personalized PowerPoint Presentation, then feel free to screen into my SlideShare profile and pick up the most suitable Contact method to get in touch with me.
*Statutory Declaration - The Slides are congested as they contain a number of animations. Please download it and play Slideshow for proper understanding. Thank You.
What is the Certificate of Commencement of BusinessLegal Raasta
Certificate of Commencement of Business under Companies Act, 2013, Companies Act 1956.
To know more About What is the Certificate of Commencement of Business, visit https://www.legalraasta.com/
Need to obtain a certificate from the registrar of companies in order to commence a new business. Prospectus of a company and its related information will be discussed here.
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This is about complete information about registration and incorporation of Companies Act. Easy understanding with keeping good thought in mind and you may not require more to search other sites.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
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• Four (4) workplace discipline methods you should consider
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• Three (3) key tips to maintain a disciplined workplace.
2. STAGES IN THE FORMATION OF A
COMPANY
PROMOTION
INCORPORATION OF A COMPANY
CAPITAL SUBSCRITON
COMMENCEMENT OF BUSINESS
3. PROMOTION OF A COMPANY
First stage in the formation of a company
Promotion means the initial work involved in
bringing a business concern into existence and
making arrangements for its proper running
4. PROMOTER
Promoter is a person who undertakes to
form a new company and carries out all the
preliminary work in connection with its
establishment as a going concern.
5. TYPES OF PROMOTER
Professional Promoters
Occasional Promoters
Entrepreneur Promoters
Financier Promoters
6. PROFESSIONAL PROMOTERS
Promotion is their main profession or
occupation
They are experts who specialise in company
promotion. They float the company and hand it
over to the shareholders or their representatives.
7. OCCASIONAL PROMOTERS
These promoter take interest in floating some
companies
They take up the promotion of some company and
once it is over they go to their original profession
Eg. Engineers, lawyers etc… may float some
companies
8. ENTREPRENEUR PROMOTERS
They are both promoters and entrepreneurs.
They conceive idea of a new business unit,
do the groundwork to establish it and
subsequently become a part of the
management.
9. FINANCIER PROMOTER
Some financial institutions like investment
banks or industrial banks, may take up the
promotion of a company with a view to
finding opportunities for investment.
10. FUNCTION OF A PROMOTER
Identification of Business Opportunities
Feasibility Studies
Name Approval
Fixing up signatories to the Memorandom of Association
Appointment of Professionals
Preparation of Necessary Documents
11. INCORPORATION
Second stage in the company formation
A company is said to be incorporated when
it is registered with the Registrar of Joint
Stock Companies.
12. The following documents are required to
be submitted to the Registrar of Companies:
Memorand of Association
Articles of Association
13. Agreement with the proposed directors
A copy of the Registrar’s letter approving the name of the
company
A notice about the exact address of the registered office
Documentary evidence of payment of registration fees
A statutory declaration that all the necessary requirements of
the law for registration have bee complied with
14. MEMORANDOM OF ASSOCIATION
It is the Charter or Magna Carta of the
company.
Most important document of the company
with which a company is registered
15. It defines the company’s objects, capital and
power
It governs the outside relationship of the
company
16. CONTENTS OF MEMORANDOM
OF ASSOCIATION
Name Clause
Registered Office Clause
Objects Clause
Liability Clause
Capital Clause
Association Clause
17. ARTICLES OF ASSOCIATION
It is to be filed with the registrar to get the
company registered.
It contains the rules and regulations for
internal management and administration of
the company
18. MEMORANDOM OF
ASSOCIATION
ARTICLES OF
ASSOCIATION
Constitution or charter
Fundamental document
Relationship between
company and outsiders
Compulsory
Contains the objects of
the company
Bye-laws of the company
Subsidiary document
Company and its
members
Not compulsory
Mentions the ways by
which the objects can be
19. CAPITAL SUBSCRIPTION
Third stage in the company formation
Here, the public company can raise the
required funds from the public by means of
issue of shares and debentures
20. The following steps are required for raising funds from the public:
SEBI Approval
Filing of Prospectus
Appiontment of bankers, brokers and underwriters
Minimum subscription
Application to stock exchange
Allotment of shares
21. PROSPECTUS
The Companies Act defines prospectus as “any
prospectus, notice, circular, advertisement or
other document inviting deposits from the public
or inviting offers from the public for subscription
or purchase of any shares or debentures of a body
corporate”
22. COMMENCEMENT OF BUSINESS
Last stage in the formation of a company
At this stage, the ROC issue a Certificate of
Commencement of Business to a public company
After getting this certificate, the company can
start its business