The document appears to be a memorandum of association for a company called Pizza Star that will be located in Pakistan. The key details are:
1) Pizza Star's objectives are to deliver pizza to customers within 30 minutes and provide free pizza if late, in order to provide enjoyment to customers and their families.
2) The authorized capital of Pizza Star is Rs. 1,500,000 divided into shares of Rs. 100 each.
3) Three individuals (with names and addresses listed) have each agreed to subscribe to 7,000, 4,000 and 4,000 shares respectively, totaling 15,000 shares.
How foreign company establishes place of business in singaporeDVSResearchFoundatio
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. A foreign company may carry on business in Singapore by transferring that Company’s registration from foreign country to Singapore or by registering the branch of the foreign Company in Singapore. In this webinar, we shall understand the provisions pertaining to registering the branch of a Foreign Company in Singapore as enshrined in the Act.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions involved in winding up as enshrined in Companies Act, 2013 along with judicial precedents.
This document provides information about disclaiming onerous property and certain transfers being void during the winding up process under the Companies Act, 2013 in India. It includes definitions of key terms, an overview of sections 333-335 which allow a company liquidator to disclaim onerous property with court approval, notes certain transfers after winding up commencement are void, and that court approval is required for liquidators to make compromises. Forms to be used for various processes are also listed.
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. A foreign company may carry on business in Singapore by transferring that Company’s registration from foreign country to Singapore or by registering the branch of the foreign Company in Singapore. In this webinar, transfer of registration of foreign corporate entity to Singapore is covered. The provisions of Transfer of Registration are governed by Part XA of the Act read with Companies (Transfer of Registration) Regulations 2017.
The document provides an overview of public issue of debentures by companies in India. It defines debentures and various types of debentures. It discusses the process of public issue of debentures which requires issue of a prospectus, appointment of a debenture trustee, creation of debenture redemption reserve, and compliance with various other statutory requirements. It also describes different types of prospectus that can be issued for public offer of debentures and exceptions available for certain companies.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to liabilities for offences and frauds committed by Officers of the Company and certain aspects of maintenance of books and papers of the Company as enshrined in the Companies Act, 2013.
OBJECTIVE
Merger and Amalgamation (M&A) is one of the forms of Corporate Restructuring. M&A transactions are generally done to diversify the business, reduce competition, exercise increased scale of operations, to focus on core businesses to streamline costs and improve profit margins, etc. Provisions for merger and amalgamation under Companies Act, 2013 also includes demerger. The webinar deals with the provisions of merger and amalgamation enshrined in Companies Act, 2013 read with Rules made there under, legal formalities involved and judicial precedents.
OBJECTIVE
Winding up is the final stage in the business cycle of a company. It is the process of closing down the legal existence of a company. It can be done either by the company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to debts and claims against the company as enshrined in Companies Act, 2013 read with Companies (Winding up) Rules, 2020.
How foreign company establishes place of business in singaporeDVSResearchFoundatio
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. A foreign company may carry on business in Singapore by transferring that Company’s registration from foreign country to Singapore or by registering the branch of the foreign Company in Singapore. In this webinar, we shall understand the provisions pertaining to registering the branch of a Foreign Company in Singapore as enshrined in the Act.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions involved in winding up as enshrined in Companies Act, 2013 along with judicial precedents.
This document provides information about disclaiming onerous property and certain transfers being void during the winding up process under the Companies Act, 2013 in India. It includes definitions of key terms, an overview of sections 333-335 which allow a company liquidator to disclaim onerous property with court approval, notes certain transfers after winding up commencement are void, and that court approval is required for liquidators to make compromises. Forms to be used for various processes are also listed.
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. A foreign company may carry on business in Singapore by transferring that Company’s registration from foreign country to Singapore or by registering the branch of the foreign Company in Singapore. In this webinar, transfer of registration of foreign corporate entity to Singapore is covered. The provisions of Transfer of Registration are governed by Part XA of the Act read with Companies (Transfer of Registration) Regulations 2017.
The document provides an overview of public issue of debentures by companies in India. It defines debentures and various types of debentures. It discusses the process of public issue of debentures which requires issue of a prospectus, appointment of a debenture trustee, creation of debenture redemption reserve, and compliance with various other statutory requirements. It also describes different types of prospectus that can be issued for public offer of debentures and exceptions available for certain companies.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to liabilities for offences and frauds committed by Officers of the Company and certain aspects of maintenance of books and papers of the Company as enshrined in the Companies Act, 2013.
OBJECTIVE
Merger and Amalgamation (M&A) is one of the forms of Corporate Restructuring. M&A transactions are generally done to diversify the business, reduce competition, exercise increased scale of operations, to focus on core businesses to streamline costs and improve profit margins, etc. Provisions for merger and amalgamation under Companies Act, 2013 also includes demerger. The webinar deals with the provisions of merger and amalgamation enshrined in Companies Act, 2013 read with Rules made there under, legal formalities involved and judicial precedents.
OBJECTIVE
Winding up is the final stage in the business cycle of a company. It is the process of closing down the legal existence of a company. It can be done either by the company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to debts and claims against the company as enshrined in Companies Act, 2013 read with Companies (Winding up) Rules, 2020.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to meetings of creditors and contributories, advisory committee and Audit of Company Liquidator's accounts under winding up as enshrined in Companies Act, 2013.
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. Incorporation and powers of companies in Singapore are governed by Part III of the Act. The webinar covers the provisions in Part III of the Act, more specifically dealing with Constitution of Companies.
Objectives & Agenda :
To understand the assessment of partnership firms. To know the conditions to be satisfied to be assessed as a firm. To understand how partnership firms are assessed in various situations. To gain knowledge with regards to the deductions allowed to partnership firms during assessment.To know how to calculate book profit.
New Procedure for Registration of Trusts and NGOsTaxmann
Taxmann’s webinar on New Procedure for Registration of Trusts and NGOs
In this Webinar, the speakers have analysed the new procedure, forms and rules for registration & approval of NGOs w.e.f. 01-04-2021 under the Income-tax Act.
Coverage of the webinar:
• Legal Provisions for registration & approval
• Issues in provisional registration and renewal of registration
• Status of registration applications pending on 01-04-2021
• Discussion on new forms and rules for registration
• Guide to apply for registration
• Powers of PCIT or CIT while examining the registration application
• Filing of Statement of donations and issuing certificate of donations
• Controversial Issues arising out of new rules
• QnA Session
The document provides information on naming an entity, business structures, and registering with tax authorities in India. It discusses sole proprietorships, partnerships, and private limited companies as the main business structures. For naming an entity, it recommends trademark searches, filing for trademark registration, and outlines the registration process. Private limited company registration involves obtaining a director identification number, filing incorporation documents with the registrar of companies, and notifying the company of approved directors. The document also notes the need to register for important tax identifiers like a PAN card, service tax, and VAT.
Section 9A of the Income Tax Act provides a special tax regime for certain eligible offshore investment funds and their fund managers located in India. Key conditions include the fund being established outside India, having a minimum of 25 non-connected members, and the fund manager being registered with SEBI. The remuneration paid to the fund manager must be at least a prescribed amount calculated based on assets under management. This was introduced to incentivize offshore fund managers to relocate to India while avoiding creating a taxable presence for the offshore fund. However, challenges remain in the tax regime for offshore funds to fully realize the potential of developing an offshore fund management hub in India.
Objectives & Agenda :
One of the charitable forms of organisation is Trust. It is generally formed for the benefit of public at large (public charitable trusts) or for a specified group of persons (private trusts). Formation of trusts is governed by different legislations and involves various registrations under several Acts. The webinar dwells upon the aspects of formation of trust under relevant legislations, various types of trusts, registration of trusts, taxation of trusts and other relevant aspects of management of trust.
OBJECTIVE
Slump sale is a method of corporate restructuring. Slump sale is generally undertaken to hive off a part of the business division, to weed out a loss making division and to focus on the core business activities and improve its performance. The webinar covers the provisions under Companies Act, 2013, secretarial compliance aspects and judicial precedents.
This document provides guidance on establishing and operating a business in Thailand. It discusses the procedures for forming different types of companies, including private limited companies and public limited companies. The key steps involve reserving a corporate name, filing a memorandum of association, holding a statutory meeting, registering the company, and obtaining necessary tax and social security documents. The document also outlines reporting requirements such as maintaining proper books and records. Overall, it serves as a comprehensive guide for both Thai and foreign businesses on the legal and regulatory processes for setting up and running a business in Thailand.
OBJECTIVE
Compromise and arrangement is a form of Corporate Restructuring where company enters into an agreement with its creditors or members to reorganise the capital structure of the company. The webinar covers the aspects of statutory provisions pertaining to compromise and arrangement under Companies Act, 2013 in detail along with judicial precedents.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a Company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). Provisions under Companies Act, 2013 with respect to voluntary winding up are omitted and shifted to Insolvency and Bankruptcy Code, 2016 (“the Code”). The webinar covers the aspects of provisions involved in voluntary winding up as enshrined under the Code read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.
This document is a proxy statement from W. R. Berkley Corporation announcing their annual meeting of stockholders on May 16, 2006. It provides details on voting procedures and proposes electing four directors, approving a new incentive compensation plan, increasing authorized shares of common stock, and ratifying an accounting firm. Nominees for director include the Chairman and CEO William R. Berkley seeking re-election along with two others to three year terms and one nominee for a one year term.
This document is the bidding document for the supply and delivery of laptop and desktop computers by the LGU. It contains 8 sections that provide details on the invitation to bid, instructions to bidders, bid data sheet, general conditions of contract, special conditions of contract, schedule of requirements, technical specifications, and bidding forms. The LGU invites competitive bids for the procurement of laptops and desktops with a budget of PHP 2.2 million. Interested bidders must qualify based on the requirements set forth in the document and submit their bids on or before the deadline of June 17, 2016.
1. The document outlines rules for the registration of companies under Part I of Chapter XXI of the Companies Act, 2013. It details the process and requirements for registering a limited liability partnership, firm, cooperative society, or other business entity as a company with limited liability.
2. Key requirements for registration include submitting documents like member lists, director details, affidavits, entity formation documents, financial statements, and evidence of member consent. Advertisements must be published to notify the public and allow for objections.
3. Once the Registrar reviews the application and ensures any objections are addressed, they may issue a certificate of incorporation, officially registering the new company if all criteria are met. The rules aim to standard
Judgment - Appellate Tribunal for Foreign ExchangeGauravVarma27
1) The appellant company appealed an adjudication order that imposed penalties for alleged violations of FEMA regulations regarding the repatriation of foreign exchange.
2) The appellant had remitted $433,661.76 in advance to a Chinese supplier that later went bankrupt without notice. The RBI subsequently granted an exemption relieving the requirement to submit import documents.
3) The adjudicating authority still found a violation, but the appellant argued the RBI exemption eliminated any contravention, and precedent supported their view. The tribunal agreed and overturned the penalties.
The document discusses Vietnam's Enterprise Law of 2005 regarding business establishment and registration. It covers topics such as contracts signed before registration, registration procedures, required documents for registration, business names, head offices, seals, and representative offices. Specifically, it states that founding members can sign contracts before registration, the registration authority has 10 days to issue a certificate, and required documents include a charter, member/shareholder information, legal capital proof, and practicing licenses depending on the business area.
Issues in cash transactions under the Income Taxt Act, 1961Prashanth G S
This document discusses various sections of the Indian Income Tax Act relating to unexplained expenditures and cash credits. It provides explanations of Sections 40A(3), 40A(3A), 68, 69A, 269SS and 269T. For each section, it outlines the key provisions, issues that may arise in their application, and important court decisions related to their interpretation and implementation. The majority of the document focuses on Sections 40A(3), 40A(3A), and 68, explaining the conditions that trigger their application and the burden of proof requirements they impose on taxpayers.
This document outlines the by-laws of Autozone, Inc. It discusses procedures for stockholder meetings, including annual meetings, notices of meetings, quorums, voting procedures. It also discusses the board of directors, including the number of directors, nominations, vacancies, meetings, and actions that can be taken without meetings. The by-laws provide the framework for how business is conducted and decisions are made within the corporation.
Weekly Tax Newsletter 07-06-2020- N Pahilwani & AssociatesNitin Pahilwani
The document discusses self-invoicing under the GST regime. Self-invoicing is required when goods or services are purchased from an unregistered supplier and the liability to pay tax is under reverse charge. Since the unregistered supplier cannot issue a GST invoice, the recipient must issue a self-invoice for documenting the tax liability and availing input tax credit. The key details are:
1. Self-invoicing is required for purchases covered under reverse charge as per Sections 9(3), 9(4) of the CGST Act and Sections 5(3), 5(4) of the IGST Act.
2. The recipient must issue an invoice within 30 days for goods and 60 days for services from
Allotment of DIN (Director Identification Number)LegalDelight
Here, LegalDelight present its new PPT on the topic of Allotment of DIN. Under this PPT, a reader would get to know about the What is DIN No.?, How to Apply DIN? and Who can apply DIN and Forms to be filed for DIN? Timeline for allotment of DIN?, Reason of Rejection of DIN?, Penalty for non compliance of DIN provision etc.
This document is a form of proxy for the annual general meeting of Eros International PLC. It appoints either the chairman of the meeting or another person as the shareholder's proxy to attend and vote on their behalf. It lists 6 ordinary resolutions and 3 special resolutions that will be voted on concerning routine annual meeting business like adopting financial statements, electing directors, appointing auditors, and authorizing the company to repurchase its own shares. Instructions are provided on how to complete and submit the form.
APPOINTMENT OF MANAGING OR WHOLETIME DIRECTORCS Ashish Shah
The document provides steps to appoint and remove managing directors and whole time directors in a company.
1. It outlines convening a board meeting and general meeting, passing resolutions, filing necessary forms with the registrar of companies, and obtaining central government approval if required to appoint a managing director or whole time director.
2. For removal, it notes the appointment is a contract and removal may require compensation, and outlines providing notice and representations if removing a managing or whole time director before the end of their term.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). The webinar covers the aspects of various provisions relating to meetings of creditors and contributories, advisory committee and Audit of Company Liquidator's accounts under winding up as enshrined in Companies Act, 2013.
OBJECTIVE
Companies in Singapore are governed by the laws of Companies Act (the Act), originally enacted in 1967 and which has undergone significant amendments in 2014 and 2017. The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and corporate service providers in Singapore. Incorporation and powers of companies in Singapore are governed by Part III of the Act. The webinar covers the provisions in Part III of the Act, more specifically dealing with Constitution of Companies.
Objectives & Agenda :
To understand the assessment of partnership firms. To know the conditions to be satisfied to be assessed as a firm. To understand how partnership firms are assessed in various situations. To gain knowledge with regards to the deductions allowed to partnership firms during assessment.To know how to calculate book profit.
New Procedure for Registration of Trusts and NGOsTaxmann
Taxmann’s webinar on New Procedure for Registration of Trusts and NGOs
In this Webinar, the speakers have analysed the new procedure, forms and rules for registration & approval of NGOs w.e.f. 01-04-2021 under the Income-tax Act.
Coverage of the webinar:
• Legal Provisions for registration & approval
• Issues in provisional registration and renewal of registration
• Status of registration applications pending on 01-04-2021
• Discussion on new forms and rules for registration
• Guide to apply for registration
• Powers of PCIT or CIT while examining the registration application
• Filing of Statement of donations and issuing certificate of donations
• Controversial Issues arising out of new rules
• QnA Session
The document provides information on naming an entity, business structures, and registering with tax authorities in India. It discusses sole proprietorships, partnerships, and private limited companies as the main business structures. For naming an entity, it recommends trademark searches, filing for trademark registration, and outlines the registration process. Private limited company registration involves obtaining a director identification number, filing incorporation documents with the registrar of companies, and notifying the company of approved directors. The document also notes the need to register for important tax identifiers like a PAN card, service tax, and VAT.
Section 9A of the Income Tax Act provides a special tax regime for certain eligible offshore investment funds and their fund managers located in India. Key conditions include the fund being established outside India, having a minimum of 25 non-connected members, and the fund manager being registered with SEBI. The remuneration paid to the fund manager must be at least a prescribed amount calculated based on assets under management. This was introduced to incentivize offshore fund managers to relocate to India while avoiding creating a taxable presence for the offshore fund. However, challenges remain in the tax regime for offshore funds to fully realize the potential of developing an offshore fund management hub in India.
Objectives & Agenda :
One of the charitable forms of organisation is Trust. It is generally formed for the benefit of public at large (public charitable trusts) or for a specified group of persons (private trusts). Formation of trusts is governed by different legislations and involves various registrations under several Acts. The webinar dwells upon the aspects of formation of trust under relevant legislations, various types of trusts, registration of trusts, taxation of trusts and other relevant aspects of management of trust.
OBJECTIVE
Slump sale is a method of corporate restructuring. Slump sale is generally undertaken to hive off a part of the business division, to weed out a loss making division and to focus on the core business activities and improve its performance. The webinar covers the provisions under Companies Act, 2013, secretarial compliance aspects and judicial precedents.
This document provides guidance on establishing and operating a business in Thailand. It discusses the procedures for forming different types of companies, including private limited companies and public limited companies. The key steps involve reserving a corporate name, filing a memorandum of association, holding a statutory meeting, registering the company, and obtaining necessary tax and social security documents. The document also outlines reporting requirements such as maintaining proper books and records. Overall, it serves as a comprehensive guide for both Thai and foreign businesses on the legal and regulatory processes for setting up and running a business in Thailand.
OBJECTIVE
Compromise and arrangement is a form of Corporate Restructuring where company enters into an agreement with its creditors or members to reorganise the capital structure of the company. The webinar covers the aspects of statutory provisions pertaining to compromise and arrangement under Companies Act, 2013 in detail along with judicial precedents.
OBJECTIVE
Winding up is the final stage in the business cycle of a Company. It is the process of closing down the legal existence of a Company. It can be done either by the Company on its own (voluntary winding up) or by an order passed by the Tribunal (compulsory winding up). Provisions under Companies Act, 2013 with respect to voluntary winding up are omitted and shifted to Insolvency and Bankruptcy Code, 2016 (“the Code”). The webinar covers the aspects of provisions involved in voluntary winding up as enshrined under the Code read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.
This document is a proxy statement from W. R. Berkley Corporation announcing their annual meeting of stockholders on May 16, 2006. It provides details on voting procedures and proposes electing four directors, approving a new incentive compensation plan, increasing authorized shares of common stock, and ratifying an accounting firm. Nominees for director include the Chairman and CEO William R. Berkley seeking re-election along with two others to three year terms and one nominee for a one year term.
This document is the bidding document for the supply and delivery of laptop and desktop computers by the LGU. It contains 8 sections that provide details on the invitation to bid, instructions to bidders, bid data sheet, general conditions of contract, special conditions of contract, schedule of requirements, technical specifications, and bidding forms. The LGU invites competitive bids for the procurement of laptops and desktops with a budget of PHP 2.2 million. Interested bidders must qualify based on the requirements set forth in the document and submit their bids on or before the deadline of June 17, 2016.
1. The document outlines rules for the registration of companies under Part I of Chapter XXI of the Companies Act, 2013. It details the process and requirements for registering a limited liability partnership, firm, cooperative society, or other business entity as a company with limited liability.
2. Key requirements for registration include submitting documents like member lists, director details, affidavits, entity formation documents, financial statements, and evidence of member consent. Advertisements must be published to notify the public and allow for objections.
3. Once the Registrar reviews the application and ensures any objections are addressed, they may issue a certificate of incorporation, officially registering the new company if all criteria are met. The rules aim to standard
Judgment - Appellate Tribunal for Foreign ExchangeGauravVarma27
1) The appellant company appealed an adjudication order that imposed penalties for alleged violations of FEMA regulations regarding the repatriation of foreign exchange.
2) The appellant had remitted $433,661.76 in advance to a Chinese supplier that later went bankrupt without notice. The RBI subsequently granted an exemption relieving the requirement to submit import documents.
3) The adjudicating authority still found a violation, but the appellant argued the RBI exemption eliminated any contravention, and precedent supported their view. The tribunal agreed and overturned the penalties.
The document discusses Vietnam's Enterprise Law of 2005 regarding business establishment and registration. It covers topics such as contracts signed before registration, registration procedures, required documents for registration, business names, head offices, seals, and representative offices. Specifically, it states that founding members can sign contracts before registration, the registration authority has 10 days to issue a certificate, and required documents include a charter, member/shareholder information, legal capital proof, and practicing licenses depending on the business area.
Issues in cash transactions under the Income Taxt Act, 1961Prashanth G S
This document discusses various sections of the Indian Income Tax Act relating to unexplained expenditures and cash credits. It provides explanations of Sections 40A(3), 40A(3A), 68, 69A, 269SS and 269T. For each section, it outlines the key provisions, issues that may arise in their application, and important court decisions related to their interpretation and implementation. The majority of the document focuses on Sections 40A(3), 40A(3A), and 68, explaining the conditions that trigger their application and the burden of proof requirements they impose on taxpayers.
This document outlines the by-laws of Autozone, Inc. It discusses procedures for stockholder meetings, including annual meetings, notices of meetings, quorums, voting procedures. It also discusses the board of directors, including the number of directors, nominations, vacancies, meetings, and actions that can be taken without meetings. The by-laws provide the framework for how business is conducted and decisions are made within the corporation.
Weekly Tax Newsletter 07-06-2020- N Pahilwani & AssociatesNitin Pahilwani
The document discusses self-invoicing under the GST regime. Self-invoicing is required when goods or services are purchased from an unregistered supplier and the liability to pay tax is under reverse charge. Since the unregistered supplier cannot issue a GST invoice, the recipient must issue a self-invoice for documenting the tax liability and availing input tax credit. The key details are:
1. Self-invoicing is required for purchases covered under reverse charge as per Sections 9(3), 9(4) of the CGST Act and Sections 5(3), 5(4) of the IGST Act.
2. The recipient must issue an invoice within 30 days for goods and 60 days for services from
Allotment of DIN (Director Identification Number)LegalDelight
Here, LegalDelight present its new PPT on the topic of Allotment of DIN. Under this PPT, a reader would get to know about the What is DIN No.?, How to Apply DIN? and Who can apply DIN and Forms to be filed for DIN? Timeline for allotment of DIN?, Reason of Rejection of DIN?, Penalty for non compliance of DIN provision etc.
This document is a form of proxy for the annual general meeting of Eros International PLC. It appoints either the chairman of the meeting or another person as the shareholder's proxy to attend and vote on their behalf. It lists 6 ordinary resolutions and 3 special resolutions that will be voted on concerning routine annual meeting business like adopting financial statements, electing directors, appointing auditors, and authorizing the company to repurchase its own shares. Instructions are provided on how to complete and submit the form.
APPOINTMENT OF MANAGING OR WHOLETIME DIRECTORCS Ashish Shah
The document provides steps to appoint and remove managing directors and whole time directors in a company.
1. It outlines convening a board meeting and general meeting, passing resolutions, filing necessary forms with the registrar of companies, and obtaining central government approval if required to appoint a managing director or whole time director.
2. For removal, it notes the appointment is a contract and removal may require compensation, and outlines providing notice and representations if removing a managing or whole time director before the end of their term.
Key Takeaways:
Restrictions on allotment and commencement of business
Allotment of shares by private and public companies
Rights and powers attaching shares
Issue of shares with differential voting rights
This document contains the memorandum and articles of association for GMAX IT LIMITED, a private limited company in Bangladesh.
The memorandum outlines the company name, registered office location, objectives including promoting ICT development and carrying out related businesses, and share capital structure.
The articles provide regulations for the company including defining it as a private limited company, outlining business scope, share capital details, procedures for share certificates, calls on shares, share transfers, borrowing powers, general meetings, voting rights, and details on the board of directors including their qualifications, remuneration, and circumstances for vacating office.
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
PARTNERSHIP DEED AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
This document outlines the articles of association for establishing a limited liability company in Poland. It details the company name and registered office, objectives, share capital structure and rights of shareholders, governing bodies including the shareholders' meeting and management board, procedures for meetings and board appointments, and provisions for dissolution or liquidation of the company. The articles comply with relevant sections of the Polish Commercial Companies Code and other applicable laws and regulations.
This document provides information on the organization and registration of cooperative societies under relevant sections of law. It defines key terms like "primary credit society" and "Urban Cooperative Bank". It outlines the process for registering cooperative societies including requirements for applicants, authorized registrars, registration procedures, and issuance of registration certificates. Once registered, cooperative societies are considered bodies corporate with legal rights and responsibilities.
Deed of partnership between two partnersGaurav Malik
1. This document establishes a partnership between A.B. and C.D. for carrying out a business at a
specified location, sharing profits and losses.
2. The key terms include a duration of [NUMBER] years for the partnership, initial capital contributions
from each partner, and distribution of profits and losses in specified ratios between the partners.
3. Disputes between the partners will be resolved via arbitration according to the Arbitration and
Conciliation Act of 1996.
The document provides information on converting a firm to a company under the Companies Act 2013. There are two main methods of conversion - forming a new company with the partners as shareholders, or converting the existing firm without dissolution by preparing deed provisions. The requirements for conversion include having a minimum of 7 members, consent of the majority or 3/4 members, and forming the company as unlimited, limited by shares, or limited by guarantee. The steps outlined include obtaining DINs, reserving a company name, publishing advertisements, and filing various forms along with documents before receiving a certificate of incorporation.
This document discusses prospectuses, which are formal legal documents that must be filed with securities regulators when a company makes a public offering of shares or debentures. A prospectus provides important details that investors need to make informed decisions, such as information about the company's business, management, and financial condition. It must be registered and dated, and can only be issued within 90 days of registration. The prospectus and statements in lieu of prospectus aim to protect investors and ensure transparency around public offerings.
The document discusses the formation and incorporation of companies under Indian law. It outlines the requirements for forming different types of companies including the minimum number of members. It also describes the process for incorporating a company including reserving a company name, signing the memorandum and articles of association, filing required documents with the registrar, and obtaining a certificate of incorporation. Key documents that must be filed include the memorandum of association, articles of association, declarations by professionals, and affidavits from subscribers and directors.
Statutory Registers under Companies Act, 2013.Saurav Roy
The document discusses the statutory registers that must be maintained by companies under the Companies Act 2013. It provides definitions of statutory registers and explains why they are important as they contain historical information about shareholders, share transfers, allotments, charges on the company, and other corporate records. It then lists the specific registers that must be maintained, such as the register of members, register of charges, register of deposits, and others. It provides details on where these registers must be kept, authentication requirements, and other specifics regarding their maintenance and inspection. The key information is that the Companies Act 2013 mandates what registers a company must maintain and the document outlines these requirements.
The document discusses the statutory meeting requirements for companies limited by shares or guarantee under section 157 of the Companies Law. It states that every such company must hold a statutory meeting within 3-6 months of being entitled to commence business. At least 21 days prior, directors must provide members with a statutory report certified by at least 3 directors including the CEO. The report must provide details of share allotments, cash receipts, financial statements, directors and advisers, contracts, and commissions paid. The meeting allows members to discuss the formation and affairs of the company. Non-compliance can result in fines or winding up proceedings.
1) To start a company in India, at least seven people must sign the memorandum of association and comply with registration requirements to form an incorporated company as either a private or public company.
2) The memorandum of association, articles of association, and director agreements must be filed with the Registrar along with the company name, registered office details, share capital, and business objectives.
3) Additional requirements include obtaining director identification numbers, declaring compliance, and obtaining certificates of incorporation and commencement of business to legally operate the company.
1. Mphasis Limited is offering to buyback up to 17,370,078 shares at Rs. 635 per share from its shareholders as of March 31, 2017.
2. This document contains the terms and conditions of the buyback offer and provides instructions for shareholders holding shares in dematerialized form to participate.
3. Eligible shareholders need to fill out this form, provide their shareholder details and bank account information, and tender some or all of their eligible shares along with supporting documents by May 25, 2017 to participate in the buyback offer.
Incorporation and organization of private corporationjohnromulo1
The document outlines various sections from the Corporation Code of the Philippines relating to the formation and operation of corporations. It discusses requirements for incorporators, the term and extension of corporations, minimum capital stock requirements, contents of articles of incorporation including corporate name and purpose, amendments to articles, and grounds for rejection or disapproval of articles. It also covers commencement of corporate existence, de facto corporations, corporations by estoppel, and effects of non-use of charter or continuous inoperation.
What are the provisions governing maintenance of registers under singapore co...DVSResearchFoundatio
Key Takeaways:
Maintenance of registers under Singapore Companies Act
Electronic register of members of private companies
Registers maintained by the Registrar
Registers maintained by the Company
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
What are the common challenges faced by women lawyers working in the legal pr...lawyersonia
The legal profession, which has historically been male-dominated, has experienced a significant increase in the number of women entering the field over the past few decades. Despite this progress, women lawyers continue to encounter various challenges as they strive for top positions.
This document briefly explains the June compliance calendar 2024 with income tax returns, PF, ESI, and important due dates, forms to be filled out, periods, and who should file them?.
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersHarpreetSaini48
Discover how Mississauga criminal defence lawyers defend clients facing weapon offence charges with expert legal guidance and courtroom representation.
To know more visit: https://www.saini-law.com/
Business law for the students of undergraduate level. The presentation contains the summary of all the chapters under the syllabus of State University, Contract Act, Sale of Goods Act, Negotiable Instrument Act, Partnership Act, Limited Liability Act, Consumer Protection Act.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Massimo Talia
This guide aims to provide information on how lawyers will be able to use the opportunities provided by AI tools and how such tools could help the business processes of small firms. Its objective is to provide lawyers with some background to understand what they can and cannot realistically expect from these products. This guide aims to give a reference point for small law practices in the EU
against which they can evaluate those classes of AI applications that are probably the most relevant for them.
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
The Art and Science of Cryptoforensic Investigation: Best Practices and Tools
Noman corporate law
1. 1
THE COMPANIES ACT, 2017 (XIX of 2017)
(COMPANY LIMITED BY SHARES)
MEMORANDUM
OF
ASSOCIATION
OF
Pizza Star
______________________________________________________________
2. 2
THE COMPANIES ACT, 2017 (XIX of 2017)
(COMPANY LIMITED BY SHARES)
MEMORANDUM OF ASSOCIATION
OF
“Pizza Start Limited/(Private) Limited/(SMC-Private) Limited”
1. The name of the company is Pizza Start Limited/(Private) Limited/(SMC-Private) Limited.
2. The registered office of the Company will be situated in Islamabad Capital Territory / Gilgit-Baltistan / in
the Province of Punjab / Balochistan / Sindh / Khyber Pakhtunkhwa.
3. (a) we want to deliver pizza for our customer for seeking his enjoys for his family friends for taste and
enjoys the good way of delicious taste.
(b) We deliver pizza in very short time of like 30 min and if we late we give free pizza of our customer this
is of our company policy.
4. The liability of the members is limited.
5. The authorized capital of the company is Rs 1500000 (Rupees Fifteen Hundred Thousand only) divided into
____________ (__________ thousand) ordinary shares of Rs.___/- (Rupees __ only) each.
3. 3
We, the several persons whose names and addresses are subscribed below, are desirous of being formed into a
company, in pursuance of this memorandum of association, and we respectively agree to take the number of shares
in the capital of the company as set opposite our respective names:
Name
and
surname
(present
&
former)
in full
(in
Block
Letters)
NIC No.
(in case of
foreigner,
Passport
No)
Father's/
Husband's
Name in
full
Nationality
(ies) with
any former
Nationality
Occupation
Usual
residential addre
ss in full or the
registered/
principal office
address for a
subscriber other
than natural
person
Number of
shares taken
by each
subscriber (in
figures and
words)
Signatures
Noman
Mubashi
r
33100-
1265579-8
Mubashir
Amin
Pakistani Ptclcolony
house no G8
faisalabad
7000
Mozzan
Nisar
33100-
4500260-8
Malik
Nisar
Pakistan Haseeb
Shaheed road
4000
Salman
Rashid
33101-
0778899-7
Rizwan ali
Pakistan Gatt wala road 4000
Total number of shares taken (in figures and words) 15000
Dated the_24_ day of_03_, 2018
Witness to above signatures: (For the documents submitted in physical form)
Signature
Full Name (in Block Letters) GHULAM MUJTABA
Father’s/ Husband’s name TARIQ ALI
Nationality PAKISTAN
Occupation
NIC No. 3310085005083
Usual residential address KHAWAJA GARDEN P-97 HILAL ROAD
FSD
4. 4
THE COMPANIES ACT, 2017 (XIX of 2017)
(Company Limited by Shares)
ARTICLES OF ASSOCIATION
OF
………….. LIMITED
[pizza star]
SHARES
1. In case of shares in the physical form, every person whose name is entered as a member in the
register of members shall, without payment, be entitled to receive, within thirty days after
allotment or within fifteen days of the application for registration of transfer, a certificate under
the seal specifying the share or shares held by him and the amount paid up thereon:
Provided that if the shares are in book entry form or in case of conversion of physical
shares and other transferable securities into book-entry form, the company shall, within ten days
after an application is made for the registration of the transfer of any shares or other securities to
a central depository, register such transfer in the name of the central depository.
2, The company shall not be bound to issue more than one certificate in respect of a share or
shares in the physical form, held jointly by several persons and delivery of a certificate for a
share to one of several joint holders shall be sufficient delivery to all.
3. If a share certificate in physical form is defaced, lost or destroyed, it may be renewed on
payment of such fee, if any, not exceeding one hundred rupees, and on such terms, if any, as to
evidence and indemnity and payment of expenses incurred by the company in investigating title
as the directors think fit.
4. . Except to the extent and in the manner allowed by section 86, no part of the funds of the
company shall be employed in the purchase of, or in loans upon the security of, the company’s
shares.
TRANSFER AND TRANSMISSION OF SHARES
5. The instrument of transfer of any share in physical form in the company shall be executed both
by the transferor and transferee, and the transferor shall be deemed to remain holder of the share
until the name of the transferee is entered in the register of members in respect thereof.
8. Shares in physical form in the company shall be transferred in the following form, or in any
usual or common form which the directors shall approve: -
5. 5
Form for Transfer of Shares
(First Schedule to the Companies Act, 2017)
I……………... s/o ....................... r/o...................... (hereinafter called “the transferor”) in
consideration of the sum of rupees ............................ paid to me by.....……………......... s/o
....................... r/o...................... (hereinafter called “the transferee”), do hereby transfer to the
said transferee...................theshare(orshares)withdistinctivenumbersfrom
………….....to...................inclusive, in the............................ Limited, to hold unto the said
transferee, his executors, administrators and assigns, subject to the several conditions on which I
held the same at the time of the execution hereof, and I, the said transferee, do hereby agree to
take the said share (or shares) subject to the conditions aforesaid.
As witness our hands this................. day of............................. , 20.....
Signature …………………
Transferor
Full Name, Father’s / Husband’s Name
CNIC Number (in case of foreigner,
Passport Number)
Nationality
Occupation and usual Residential Address
Witness 1:
Signature………………..date …………
Name, CNIC Number and Full Address
Signature …………………
Transferee
Full Name, Father’s / Husband’s Name
CNIC Number (in case of foreigner,
Passport Number)
Nationality
Occupation and usual Residential Address
Cell number
Landline number, if any
Email address
Witness 2:
Signature………………..date …………
Name, CNIC Number and Full Address
6. 6
Bank Account Details of Transferee for Payment of Cash Dividend
(Mandatory in case of a listed company or optional for any other company)
It is requested that all my cash dividend amounts declared by the company, may be
credited into the following bank account:
It is stated that the above mentioned information is correct and that I will intimate the
changes in the above-mentioned information to the company and the concerned Share Registrar
as soon as these occur.
……………………………….
Signature of the Transferee(s)
ALTERATION OF CAPITAL
15. The company may, by special resolution-
(a) increase its authorised capital by such amount as it thinks expedient;
(b) consolidate and divide the whole or any part of its share capital into shares of larger
amount than its existing shares;
(c) sub-divide its shares, or any of them, into shares of smaller amount than is fixed by the
memorandum;
(d) cancel shares which, at the date of the passing of the resolution in that behalf, have not
been taken or agreed to be taken by any person, and diminish the amount of its share
capital by the amount of the share so cancelled.
17. The new shares shall be subject to the same provisions with reference to transfer,
transmission and otherwise as the shares in the original share capital.
18. The company may, by special resolution consolidate and divide its share capital into shares of
larger amount than its existing
shares;
19. The company may, by special resolution, reduce its share capital in any manner and with, and
subject to confirmation by the Court and any incident authorised and consent required, by law.
GENERAL MEETINGS
20. The statutory general meeting of the company shall be held within the period required by
section 131.
Tile of Bank Account Pizza star
Bank AccountNumber 0010036302350018
Bank’sName Allied band
BranchName andAddress D Ground
7. 7
21. A general meeting, to be called annual general meeting, shall be held, in accordance with the
provisions of section 132, within sixteen months from the date of incorporation of the company
and thereafter once at least in every year within a period of one hundred and twenty days
following the close of its financial year.
22. All general meetings of a company other than the statutory meeting or an annual general
meeting mentioned in sections 131 and 132 respectively shall be called extraordinary general
meetings.
23. The directors may, whenever they think fit, call an extraordinary general meeting, and
extraordinary general meetings shall also be called on such requisition,
NOTICE AND PROCEEDINGS OF GENERAL MEETINGS
25. Twenty-one days’ notice at the least (exclusive of the day on which the notice is served or
deemed to be served, but inclusive of the day for which notice is given.
27. No business shall be transacted at any general meeting unless a quorum of members is
present at that time when the meeting proceeds to business. The quorum of the general meeting
shall be-
(a) in the case of a public listed company, not less than ten members present personally, or
through video-link who represent not less than twenty-five percent of the total voting
power, either of their own account or as proxies;
(b) in the case of any other company having share capital, two members present personally, or
through video-link who represent not less than twenty-five percent of the total voting
power, either of their own account or as proxies.
VOTES OF MEMBERS
38. In case of joint-holders, the vote of the senior who tenders a vote, whether in person or by
proxy or through video-link shall be accepted to the exclusion of the votes of the other joint-
holders.
39. A member of unsound mind, or in respect of whom an order has been made by any court
having jurisdiction in lunacy, may vote, whether on show of hands or on a poll or through video
link, by his committee or other legal guardian, and any such committee or guardian may, on a
poll, vote by proxy.
40. On a poll votes may be given either personally or through video-link, by proxy or through
postal ballot:
DIRECTORS
44. The following subscribers of the memorandum of association shall be the first directors of
the company, so, however, that the number of directors shall not in any case be less than that
specified in section 154 and they shall hold office until the election of directors in the first annual
general meeting:
8. 8
1. GHULAM MUJTABA
2. NAEEM MOHAMMAD
45. The remuneration of the directors shall from time to time be determined by the company in
general meeting subject to the provisions of the Act.
46. Save as provided in section 153, no person shall be appointed as a director unless he is a
member of the company.
THE SEAL
52. The directors shall provide for the safe custody of the seal and the seal shall not be affixed to
any instrument except by the authority of a resolution of the board of directors or by a committee
of directors.
FILLING OF VACANCIES
63. At the first annual general meeting of the company, all the directors shall stand retired from
office, and directors shall be elected in their place in accordance with section 159 for a term of
three years.
64. A retiring director shall be eligible for re-election.
65. The directors shall comply with the provisions of sections 154 to 159 and sections 161, 162
and 167 relating to the election of directors and matters ancillary thereto.
66. Any casual vacancy occurring on the board of directors may be filled up by the directors, but
the person so chosen shall be subject to retirement at the same time as if he had become a
director on the day on which the director in whose place he is chosen was last elected as director.
The company may remove a director but only in accordance with the provisions of the Act.
DIVIDENDS AND RESERVE
68. The company in general meeting may declare dividends but no dividend shall exceed the
amount recommended by the directors.
69. The directors may from time to time pay to the members such interim dividends as appear to
the directors to be justified by the profits of the company.
70. Any dividend may be paid by a company either in cash or in kind only out of its profits. The
payment of dividend in kind shall only be in the shape of shares of listed company held by the
distributing company.
ACCOUNTS
77. The directors shall cause to be kept proper books of account as required under section 220.
78. The books of account shall be kept at the registered office of the company or at such other
place as the directors shall think fit and shall be open to inspection by the directors during
business hours.
9. 9
84. Auditors shall be appointed and their duties regulated in accordance with sections 246 to 249.
WINDING UP
In the case of members' voluntary winding up, with the sanction of a special resolution of
the company, and, in the case of creditors’ voluntary winding up, of a meeting of the creditors,
the liquidator shall exercise any of the powers given by sub-section (1) of section 337 of the Act
to a liquidator in a winding up by the Court including inter-alia divide amongst the members, in
specie or kind, the whole or any part of the assets of the company, whether they consist of
property of the same kind or not.
Mission:
PASSION for excellence in Doing everything
EXECUTE with positive energy and need
ACCOUNTABLE for growth in customer satisfaction
RECOGNIZE the achievement of others and have fun doing it
LISTEN and more importantly, respond to the voice of the customer.
Visssion:
As with all businesses, the most important goal of a company is to increase revenue and
profits.
Customer satisfaction is for most.
Customer.
satisfaction is important for pizza star .
Swot:
Strengths
It is the Market leader in providing different varieties of pizzas
Specializes only in Pizzas
Has full service restaurant as well as delivery services.
Strong Franchisee network
Weakness
High overhead costs due to large number of restaurants.
High price
Internal conflicts among franchisees
Opportunity
Expansion through online ordering system.
Introduction of more innovative pizzas.
Venturing into Senior citizen Market.
Threats
The differentiation strategy followed by any pizza chain is sooner or later adopted by all pizza
industry players.
Main threat from Competitors: all pizza chain.
Slogan
The real taste for real food lovers
Logo:
10. 10
Prices of pizza star menu
We give best deals in town our price is very cheap but no compromise in
taste
2 Large Pizza, 6 pieces Garlic Bread, I salad bowl 1 pitcher 1800
Special pizza star combination of three flavors of chicken with onions, green
peppers, olives and mushrooms 2000
our traditionally developed tandoori sauce topped with onions and chicken.
1600
We also give a deserts in our resturants and also surf fresh juices of shakes.