Company’s Act 1956‚ share means a part in the share capital of the company and it also includes stock except where a distinction between stock and share capital is made expressed or implied. TYPES OF SHARES: As per the provision of section 85 of the Companies Act‚ 1956‚ the share capital of a company consists of two classes of shares‚ namely: 1. Preference Shares 2. Equity Shares PREFERENCE SHARES: According to Sec 85(1)‚ of the Companies Act‚ 1956‚ a preference share is one‚ which carries
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Personal Boundaries People set up personal boundaries for many reasons. For some it is to keep out neighbors or animals‚ yet for others it is to keep something in‚ such as young children or a promiscuous wife with a wandering eye. In the poem by Robert Frost‚ both Robert and his neighbor have a wall made out of stone between their homes. Because the wall is made out of stone‚ it somehow breaks down and needs to be mended during the spring time. I believe that the wall is both physical and mental
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In the article by Martindale‚ Chambers‚ and Thompson‚ we learn that informed consent and confidentiality. A person should be informed of their right to confidentiality and the treatment they are consenting to in the therapeutic relationship. This study is significantly important because we are shown that there has been not very much previous research done on how well we manage consent‚ how informed the patient is‚ how honest they are‚ and what they actually know about the policies of the provider
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Unit three: Principles of managing information and producing documents Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make
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the term ‘confidentiality’ Confidentiality as defined by Tassoni et al (2010) “is about respecting other people’s rights to privacy and keeping safe the information that they have provided” Confidentiality is very important in any organisation since it is the basis of trust between a number of parties. Respecting this trust is vital and information must be handled‚ exchanged and stored (including both print and electronic information) in an appropriate way so that private information is not jeopardised
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Preference Shares As in section 4 of Company Act 1965‚ it interpret preference share as “a share by whatever name called‚ which does not entitle the holder thereof to the right to vote at the general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend‚ or redemption‚ in wind up‚ or otherwise.” (the library book) Besides that‚ section 66(1) of Company Act 1965 also states that “No company shall allot any preference shares or convert any
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shareholders of the company. For each share owned‚ a declared amount of money is distributed. Thus‚ if a person owns 100 shares and the cash dividend is USD $0.50 per share‚ the holder of the stock will be paid USD $50. Stock or scrip dividends are those paid out in the form of additional stock shares of the issuing corporation‚ or another corporation (such as its subsidiary corporation). They are usually issued in proportion to shares owned (for example‚ for every 100 shares of stock owned‚ a 5% stock dividend
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REPURCHASE OF SHARES In the past two decades‚ major U.S. corporations have increasingly repurchased significant amounts of their own common shares. The reasons for this development and its implications for the theory of share valuation and public policy‚ however‚ have been subject to numerous‚ and often conflicting‚ interpretations. The repurchase of shares is not legal under all codes of law; but in the countries where it is legal‚ it opens up a variety of opportunities for gains for the stockholders
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Types of shares: Share issued by a company can be divided into following categories: (I) Preference Shares: According to section 85 of the Companies Act‚ 1956‚ persons holding preference shares‚ called preference shareholders‚ are assured of a preferential dividend at a fixed rate during the life of the company. They also carry a preferential right over other shareholders to be paid first in case of winding up of the company. Thus‚ they enjoy preferential rights in the matter of: (a) Payment of
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Introduction: The concept of “doctor-patient confidentiality” derives from English common law and is codified in many states’ statutes. It is based on ethics‚ not law‚ and goes at least as far back as the Roman Hippocratic Oath taken by physicians. It is different from “doctor-patient privilege‚” which is a legal concept. Both‚ however‚ are called upon in legal matters to establish the extent by which ethical duties of confidentiality apply to legal privilege. Legal privilege involves the right to
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