Slide 1: Presented By: Roshan A.Onkar Presentation on Submitted To
Asim Sir What is a Company? : What is a Company? Company is a voluntary association or persons formed for the purpose of doing business & perpetual succession. The Companies Act has the following features:- : The Companies Act has the following features:- Separate legal entity
Artificial legal person
Right to own property
Right to sue
Right to enter in to contracts
Flexibility of investment
Separation of control from the ownership Slide 4: the Companies Act, 1956 may be classified on various grounds as under: On the basis of membership pattern/size Companies Public Private Private Limited Company : Private Limited Company Section 3(1) (iii) defines a private company as one which Steps to set up a Pvt. Ltd. Company : Steps to set up a Pvt. Ltd. Company Public Limited Company : Public Limited Company The Company defined under section 3(1)(iv) of the Companies Act, 1956 is a public company which- Set up a Public Limited Company : Set up a Public Limited Company Board Meetings : Board Meetings 1. Periodicity of the Board Meetings
2. Interval between two Board Meetings
3. Day of holding meeting
4. Time of holding Board meetings
5. Place for holding Board Meeting Board meetings minutes : Board meetings minutes Minutes -- Meaning : Minutes -- Meaning The term ‘minutes’ though not defined in the Companies Act, 1956, may be considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law. Procedures : Procedures Slide 17: After complition of company formation procces
You can run your company Succesfully…….. …Best of luck! Slide 18: Thank you!
Given your valuable time…..