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- Asian stocks dropped today after a string of negative global developments, including a worrisome speech from the Chinese Premier and the European meeting.
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Memorandum Of Association Constitution of Company.pptseri bangash
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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:
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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.
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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.
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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:
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
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Keynote capitals india morning note july 09-'12
1.
India Morning Note
a g
Mond
day, July 09 2012
9,
Dom
mestic Mark
kets Snapsh
hot Views on markets t
today
Nam of Index
me Jul 5 Jul 6 Change (%)
) • India markets snapped th
an hree-day winning strea and
ak
Sensex 17,538.67 17,521.12 -0.10% close on nega
ed ative note o Friday af
on fter interest rate
CNX Nifty
X 5,327.30 5,316.95 -0.19% cuts in China and the euro zone spar
o rked alarm about
BSE Mid-cap 6,349.26 6,313.90 -0.56% glob economi growth, hitting Infosys ahead of its
bal ic
BSE IT 5,700.05 5,654.85 -0.79% nings results next wee Investors are gearing up
earn s ek. s
BSE Banks 12,243.60 12,265.41 0.18% for the start o corporate earnings reports starting
t of e
next week, with Infosys an Tata Consulting Services
t h nd
FII A
Activity (`Cr)
the first compa
anies to rep
port. BSE Seensex, lost 17.55
Date
e Buy Sell Net points or 0.1%, up close to 100 point from the day's
o ts
05-Jul 2,672 2,216 456 low and off about 35 points from the day's high.
a s d
04-Jul 2,185 1,884 301
• Meta stocks fe as metal prices dec
al ell clined on Loondon
Tota Jul
al 13,968 8,756 5212 Meta Exchange on Thursd
al e day, 5 July 2012. Jindal Steel
2
2012 YTD 337,493 291,271 46222 & Po
ower declin
ned on repo orts that th company has
he
MF A
Activity (`Cr) susp
pended operrations at its iron ore mine in Boliv
m via.
Date
e Buy Sell Net • Infossys shares fell 1.4%, as the wo orries abou the
ut
05-Jul 445 507 -62 globbal economy are cementing exp pectations India's
04-Jul 573 593 -20 secoond-biggest software service ex xporter wil cut
ll
Tota Jul
al 1,738 2,226 -488 reveenue guida ance give en evidenc ce of red duced
2012 YTD 64,881 71,214 -6333
techhnology spending world dwide. Statee-run oil ret
tailers
rose on news th
e hey receive `140bn ($2.5bn) from the
ed
Volu
ume & Adva
ances / Dec
clines gove ernment sin
nce the en of June as part o the
nd of
NSE BSE subssidy payout for the finaancial year ended in M March.
Trad
ding Volume (Cr) 55.76 22.32 Eros Internation Media r
s nal rose 3% aft ter announc cing a
Turn
nover (`Cr) 9,345 2,112 licen with television channel COLORS Viacom
nsing deal w
Advances 597 971 ture betwee TV18 and Viacom, f an
18, a joint vent en for
Declines 914 1,542
undisclosed amount.
Unchanged 48 109 • Mark breadth was weak at ~0.63x as investors sold
ket
Tota
al 1,559 2,622 large cap stoc
e cks. On pro
ovisional ba
asis, FIIs b
bought
equity of `5.71bn while domestic institutions sold
s
Glob Markets
bal
equity of `2.23b in cash segment.
bn
Inde
ex Late Values
est Change (%)
)
DJIA
A 12,772.47 -0.96%
• Asia stocks dro
opped today after a st
y tring of neg
gative
glob
bal develo
opments hit inves
stor sentiment,
NAS
SDAQ 2,937.33 -1.30%
worrrisome spee
ech of Chine Premiere Wen Jiaba and
ese e ao
Nikk *
kei 8,944.94 -0.84%
toda
ay's Europea meeting.
an .
Hang Seng * 19,522.29 -1.41%
• We expect a w weak opening for the Indian ma
e arkets
* as o 8.25AM IST
of
toda following the cues f
ay from the Assian market and
ts
Curr
rencies / Co
ommodities Snapshot
s
the profit taking by the global investor
p g rs.
Latest Previous
Quote Close Econom and Cor
mic rporate Dev
velopments
s
Indian Rupee per $ 55.40 54.96
• Acco
ording to Governmen Sources India rej
nt s jected
Indian Rupee per € 68.07 68.09 Mauritius reque for GAAR exemptio It cannot give
est R on.
NYM
MEX Crude Oil($/bbl) 84.80 84.45 any exceptions as sought b Mauritius
by s.
Gold ($/oz)
d 1,580.70 1,578.90
• BJP may suppor hike in FD in insurance.
m rt DI
Silve ($/oz)
er 27.19 26.90
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note Capitals Research
h (reseaarch@keyno otecapitals.net) (+91222-3026600 00)
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als h
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omberg KNTE <GO>, Tho
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2.
TOP GAINERS Buzzin Stocks
ng
(BSE A-Group)
E
• Indr
raprastha G
Gas increase CNG price in Delh by
ed hi
Previous Currennt Change `2.9
90/kg and `3
3.30/kg in N
Noida, Ghazi
iabad.
Com
mpany Name
e
Close(`
`) Price(`
`) (%)
IFCI 40.05
5 41.20 2.87 • JSW Steel denies reports of co understated deb by
bt
Suzl
lon Energy 19.25
5 19.75 2.60 900 Cr in FY
`119 Y12 mislead
ding.
Chambal Fert 78.75
5 80.65 2.41 • Coal India looks to take ov IOC’s ex
s ver xplosives arm to
Unit
ted Spirits 740.90
0 758.15 2.33 mee input nee
et eds.
Dish TV India
h 69.05
5 70.60 2.24
• Subash Menon, founder a and promotter of Sube to
ex
(BSE Mid-Cap)
E step down as chairman, wi continue as MD.
p ill
Previous Currennt Change • Sikk
kim Govt formally cancels NCC’s
N `250
00Cr
Com
mpany Name
e
Close(`
`) Price(`
`) (%)
prop
posed hydel power proj
ject.
KSK Energy
K 57.85 63.60 9.94
MCX
X 1045.80 1116.80 6.79 • Cair India to i
rn invest $6bn to pump more crude in 2
n m
BF U
Utilities 444.55 464.25 4.43 years, also s seeks cont tract extension for the
Anant Raj Inds 53.70 55.85 4.00 asthan block
Raja k.
S Mo
obility 44.25 46.00 3.95 • TVS in talks wit BMW to s
th source technological kn
now-
how for high-en motorcyc
w nd cles.
TOP LOSERS
• Engineers India bags `720 Cr BPCL co
a ontract.
(BSE A-Group)
E
US markets
Previous Currennt Change
Com
mpany Name
e
Close(`
`) Price(`
`) (%) U.S. st
tocks finishe lower Friday, after a report on the
ed n
Shre Cement
ee 3053.30
0 2922.00
0 -4.30 U.S. labor market showed tepid, below-f forecast gro
owth
Woc
ckhardt 916.85
5 884.90
0 -3.48 in payrrolls last mo
onth.
Indr
raprastha Gas
s 249.90
0 241.80
0 -3.24
Jinda Steel
al 470.05
5 455.15
5 -3.17
Hexaware Tech 124.55
5 120.85
5 -2.97
(BSE Mid-Cap)
E
Previous Currennt Change
Com
mpany Name
e
Close(`
`) Price(`
`) (%)
Info Edge India 367.05 357.05 -2.72
TVS Motor 36.45 35.50 -2.61
Alsto T&D
om 194.85 190.15 -2.41
Asho Leyland
ok 24.95 24.35 -2.40
COX KINGS
X 131.60 129.05 -1.94
Keyn
note Capitals Research
h (resea
arch@keyno
otecapitals.net) (+912
22-3026600
00)
3.
India and Globa Economic Calendar
a al c
Countries / Mon
nday Tuesday Wed
dnesday Friday
Reg
gions 9-
-Jul 10-Jul 11-Jul
1 13-Jul
Ind
dia Money S
Supply Forex Reserves Data
R
Bank Lo
oan Growth
US Consumer Credit
r IBD/TIPP Economic Trade Ba
alance Produce Price Inde
er ex
Optimism (MoM)
m ex Food & Energy
d
(YoY & MoM)
FOMC Minutes Produce Price Inde
er ex
(YoY & MoM)
Reuter/ Michigan
/
Consummer
Sentime Index
ent
Glo
obal Germany Trade UK's Indu
ustrial Germany Consumer
y r Japan In
ndustrial
Balance Productio (MoM)
on and Who
olesale Price
e Producttion (YoY &
and (YoY) Index MoM)
Japanese Economic Eurozone EcoFin
e's Japan Ma
achine tools
s Japan Capacity
C
Survey Meeting order Utilization
UK retail s
sales
monitor
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NOTE CAPITTALS LTD.
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c n. tent is attribu
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ess All cal ains to the im
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unless stated other
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er ation nor any opinion expressed in this report constitutes an off
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oyees shall not in any
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