machanisom of leasing

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Department of Commerce & ManagementShivaji UniversityMBA unitSeminar onMechanism of Leasing : 

Department of Commerce & ManagementShivaji UniversityMBA unitSeminar onMechanism of Leasing BY, RAJESH S PALECHA SHIVAJI UNIVERSITY MBA- 2 ROLL NO- 37

Definition : 

Definition Leasing is a process by which a firm can obtain the use of a certain assets for which it must pay a payment. Lessor-is the owner of the assets Lessee-receiver of the services

Objectives of leasing : 

Objectives of leasing To carry on the business of buying , selling, leasing on easy payment system. To promote industrial finance in the form of advance, deposits, or lend money, securities and properties to of with any company. To manage the funds of investors by investing in various avenues.

Steps Involved in Leasing : 

Steps Involved in Leasing At the first instance the lessee has to take a decision regarding the required asset. In the second stage the lesser enters into a lease agreement with the lessor. After fulfilling the formalities like signing of lease agreement the lessor approach to use the asset. On receipt of the order from the lesser, the lessor makes payment to the supplier after the asset has been delivered, tested and accepted by the lessor

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