Category: Company

How a Company Manages Corporate Governance?

This article will guide you about how a company manages corporate governance by internal and external controls. Internal Controls: It is an ongoing exercise in corporate world to fine tune internal mechanisms and controls to meet the market requirements, stakeholders aspirations and outside change in environment. The organisational goals are achieved by: (i) …...

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Advantages of a Private Company over a Public Company

This article throws light upon the advantages of a private company over a public company. 1. A private company is simpler to form than a public company. It needs two directors while a public company needs three. 2. It can start business immediately after in­corporation, no certificate to commence is required but in a …...

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Oligarchy in Company Management: 9 Main Causes

This article throws light upon the nine main causes of oligarchy in company management. Some of the causes are: 1. Indifference of Shareholders 2. Ineffectiveness of Shareholders at Meet­ings 3. Absence of Unity among Shareholders 4. Election of Directors is a Farce 5. Non-Voting Shares 6. Closure of the Register and Others. Cause of …...

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Promoters of a Company: Status and Duties | Company Management

Read this article to learn about the Promoters of a Company. After reading this article you will learn about: 1. Status of a Promoter 2. Duties of a Promoter 3. Liabilities 4. Rights 5. Company Promotion in India. Status of Promoter: A promoter stands in a fiduciary position with the company which he promotes. …...

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Company Management: Regulatory Measures and District Restrictions

Read this article to learn about Company Management. After reading this article you will learn about: 1. Regulatory Measures as to Company Management 2. Direct Restrictions on Company Management. Regulatory Measures as to Company Management: Companies, as the principal form of business organization, have always been within the close watch of the Government of …...

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Top 8 Advantages of Joint Sector | Business Organisation

This article throws light upon the top eight objectives of joint sector. Some of the advantages are: 1. Curbing the Concentration of Economic Power 2. Social Control over Industry 3. Acceleration of Economic Growth 4. Promotion of Mixed Economy 5. Broad-Basing of Entrepreneurship and Others. Advantage # 1. Curbing the Concentration of Economic Power: …...

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Promotion and Formation of a Company: Meaning and Steps

Read this article to learn about Promotion and Formation of a Company. After reading this article you will learn about: 1. Meaning of Promotion 2. Step of Promotion. Meaning of Promotion: The dictionary meaning of the word ‘promotion’ is ‘to help bring into being’. The term promotion of a company, therefore, means to help …...

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Statutory Books to be Maintained by a Company

Read this article to learn about the Statutory Books to be Maintained by a Company. According to the Companies Act, a company has to maintain several types of Books and Registers. Books are often classified as Statutory Books and Statistical Books. Statistical Books refer to Books of Account and such other Record Books like …...

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Quick Notes on a Company: Definition and Classification

Read this article to learn about Company. After reading this article to learn about: 1. Definition of a Company 2. Classification of a Company. Definition of a Company: A company has been defined in the Companies Act, 1956, as “Company means a ‘company’ formed and registered under this Act and also existing companies” [Sec. …...

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Circular: Meaning and Drafting (With Example)

Read this article about Circular. After reading this article you will learn about: 1. Meaning of Circular 2. Drafting of a Circular. Meaning of Circular: The word ‘circular’ comes from the Latin word circulars which means circle. A circular means a paper intended for wide distribution. Any information which must be made known to …...

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