Limited(the directors are same in both of the companies according to the article of Y Limited) with the breach of pre-incorporation. After the incorporation of association company comes in existence‚ and starts its business after that. Before incorporation company have no legal existence‚ and if enters into an agreement in the name of company before incorporation‚ the agreement would not be valid. The corporate personality with separate legal identity of company confirms about the limited liability of
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CSEA 2222 COMPANY LAW GROUP ASSIGNMENT INTRODUCTION Principle of Separate Legal Entity The principle of separate legal entity under the law is a company‚ upon incorporation‚ will becomes a body corporate that exists separately with its owner and distinct from its individual members and directors. This fundamental principle of company law was first established in the landmark case of Salomon v Salomon & Co Ltd (1897)‚ and formed the foundation of company law in Malaysia. Besides‚ this
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branch locations. Sony India also has a strong service presence across the country with 255 service outlets. Manned by customer friendly and informed sales persons‚ Sony’s exclusive stores ‘Sony Center’ are fast becoming the most visible face of the company in India. A distinctive feature of Sony’s service is its highly motivated and well-trained staff that provides the kind of attentive and sensitive service that is rare today. Sony is committed to ensuring that both the products and the marketing
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Running head: McCGRAW-HILL COMPANY ANALYSIS 1 McGraw-Hill Company Analysis MBA6008 Global Economic Environment Running head: McCGRAW-HILL COMPANY ANALYSIS 2 Abstract McGraw-Hill Companies is a diversified corporation with two separate divisions‚ McGraw-Hill Financial and McGraw-Hill Education‚ and several brands within each. McGraw-Hill Companies’ operations are strong and it’s competition is manageable‚ as determined by an analysis of each industry with which McGraw-Hill is involved
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of cash as of June 30 by $31‚677. This could be the result of the company making sales for cash or making purchases on credit which would explain the increase in accounts payable. Also‚ payments of insurance were credited from prepaid insurance resulting in no cash being removed from the account. 2. Accounts Receivable: There is an increase in accounts receivable as of June 30 by $4‚707. This could be the result of the company making sales on credit. 3. Supplies on hand: There is an increase
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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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INTROUCTION The iPremier Company is an e-commerce company that sells luxury and rare items on the internet to high-end (rich) customers. It has become one of the top two organizations in its line of business. In the dotcom crash of 2000‚ iPremier was one of the few companies that survived because of the cash flush due to the recent public offering in 1999. The reason of maintain the company stable In the year 2009 iPremier faced its second biggest crisis since the dotcom crash of 2000 as it
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(S) Human resource management Staffing: This company have more than 50 employees who experience in designing and manufacturing process and clerk. b) Internal Weaknesses (W): Weak or unrecognized company. The issue in company In this company‚ the issue is when the product and company service not to be more familiar to general and it only know by one district only. According to this issue‚ this issue can be effect if Achik’s company want to enlarge and open more branch to another
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REGINA COMPANY POINT OF VIEW: Regulator – National Commission on Fraudulent Financial Reporting CASE CONTEXT: Regina Vacuum Cleaner Co. seemed to be doing excellent as manifested in its healthy 1988 annual Financial Statements. However‚ Regina Company ended up as a tragic story that served as cautionary epic to investors‚ creditors‚ auditors‚ the public and the government. The Company was acquired through a leveraged buyout by a group of Top Executives led by Donald Sheelen‚ former
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especially in the FMCG sector. The trends that we see‚ tell us the factors which are responsible for doing so. Indian business companies are presently busy expanding their current business portfolios. ITC introducing the dark fantasy range in biscuits to compete with Britannia forcing it to revamp Pure Magic and Bourbon. Product innovation taken by the FMCG companies has put their competitors to think and do something similar to hold a safe place in the market. We have seen in the recent past how
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