DATA ACCESS (INDIA) LIMITED (N RANGACHARI) V/S BHARAT SANCHAR NIGAM LIMITED Date of Decision: 19 April 2007 Negotiable Instruments Act‚ 1881 - Offences by Companies - Dishonour of cheque for insufficiency‚ etc.‚ of funds in the account - Cognizance of offences Acts Referred: Code of Criminal Procedure‚ 1973 Sec 482 Companies Act‚ 1956 Sec 291 Negotiable Instruments Act‚ 1881 Sec 141‚ Sec 141(2)‚ Sec 138‚ Sec 142 [3] On behalf of the Data Access (India) Limited‚ two cheques were issued to the
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Producer Company Model - Current Status and Future Outlook : Opportunities for Bank Finance EV Murray* In recent times‚ almost every major business house of the country is venturing in a big way into the agri-business sector‚ especially with regulations allowing corporates to now directly have contractual arrangements with farmers. One of the triggers for this newfound interest in agribusiness by the corporates is the change occurring in the retail markets‚ where consumers are making dramatic shift
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University Centre: D-82‚ Malviya Nagar‚ New Delhi-110 017 (Code No.1640) NIPSTEC COMPETENCY MAPPING IN HCL COMNET LTD (A Subsidiary of HCL Technologies) PROJECT By Project report submitted in partial fulfillment of the requirements for ‘Master of Business Administration’ Distance Education Wing‚ Syndicate House‚ Manipal-576 104 1 I hereby declare that the project report entitled: COMPETENCY MAPPING IN HCL COMNET LTD Submitted in partial fulfillment of the requirements for
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If they are to conduct the Smallco Graphics business through a company‚ a very significant of the advantages will be the separate legal entity‚ which means that from the view of the law‚ a company is treated as a separate person. Hence‚ the debts of the company will be limited to the amount remaining unpaid on the members’ shares. This is also called “limited liability” of the members. Apart from the limited liability‚ a company has a perpetual succession‚ meaning that it is a continuing entity
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International Operation : A Fundamental feature of a multinational corporation is that in such a corporation‚ control resides in the hands of a single institution. But its interests and operations sprawl across national boundaries. The Pepsi Cola company of the U.S operates in 114 countries. An MNC operates through a parent corporation in the home country. (3) Oligopolistic Structure : Through the process of merger and takeover‚ etc.‚ in course of time an MNC comes to assume awesome power. This coupled
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COMPANY LAW MGMT3046 (MS37B) ACADEMIC YEAR 2011/2012 WORKSHEET 1 INTRODUCTION TO THE COMPANY LAW REGIME TYPES AND NATURE OF COMPANIES Learning objectives: The student should be able to: ✓ describe the various kinds of companies that may be registered under the Companies Act; ✓ explain the distinction between private and public companies with reference to the relevant provisions of the Companies Act; ✓ explain the concept of limited
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In Malaysia‚ the Companies Act 1965 (CA1965) is the main legislation leading the formation and operation of businesses. This Act permits to a group of people to form several types of corporate organization called as registered companies. Furthermore‚ this Act also offers services for the incorporation of companies such as regulation‚ formation of relationship between members and creditors‚ management and closing down of the company. Registrar of Companies (ROC) executes and manages control of the
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Case: Dividend Policy GEORGIA ATLANTIC COMPANY During the depression of the 1930s‚ Ben Jenkins‚ Sr.‚ a wealthy‚ expansion-oriented lumberman whose family had been in the lumber business in the southeastern United States for several generations‚ began to acquire small‚ depressed sawmills and wholesale lumber companies. These businesses prospered during World War II. After the war‚ Jenkins anticipated that the demand for lumber would surge‚ so he aggressively sought new timberlands to supply
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BT20403/Company Law Business Entities: Company Law Topics covered: Types of Company Formation of a company; • Promoters Pre-Incorporation Contract • Memorandum and Articles of Association Inconsistency between the object and the company’s activities Upon incorporation: • Company is an artificial legal person • Separate legal entity Lifting the corporate veil scs&ismk/company law CONT. 2 The Effect of Incorporation • Memorandum of Association & Articles of Directors’
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1.00: 1 | 1.00: 1 | 1.01: 1 | Interpretation The graph shows that from 2005 to 2008‚ current ratio of Janata Bank Limited is constant. In the year 2009‚ current ratio becomes a little bit higher than the preceding years. Although it increases liabilities‚ but it is relatively lower than the increase in current assets. Comment Since‚ the current ratio of Janata Bank Limited is higher in 2009 it indicates the bank is able to meet its current obligations from its current assets. Therefore‚ it
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