EP-CL-35 STUDY XXXV WINDING UP OF COMPANIES NOTE: Wherever the term ‘Court’ is being used in the chapter that will be substituted by ‘Tribunal’ in accordance with vide Companies (Second Amendment) Act‚ 2002 w.e.f. a date yet to be notified. INTRODUCTION -It is the process by which a company’s life is ended and its property administered by liquidator or administrator for the benefit of creditors and members -A company can be wound up even when it is solvent DIFFERENCES BETWEEN INSOLVENCY
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semiconductor manufacturers; Samsung Electronics is also South Korea’s top electronics company. It makes many kinds of consumer devices‚ including DVD players‚ digital TVs‚ and digital still cameras; computers‚ color monitors‚ LCD panels‚ and printers; semiconductors such as DRAMs‚ static RAMs‚ flash memory‚ and display drivers; and communications devices ranging from wireless handsets and smart phones to networking gear. The company‚ which is the flagship member of Samsung Group‚ also makes microwave ovens
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VORA AND COMPANY* Understand the Concept of Marketing Mix In December 1963‚ M.C. Vora‚ proprietor of Vora and Company manufacturers of Blossom Quick-Cooking Oats located at Lucknow‚ sought counsel from the Small Industries Service Institute at Lucknow regarding steps that might be taken to increase the sales of his company. The company had been organized in 1959‚ had started to sell its product nationally in 1961‚ but by December 1963 had failed to attain a profitable volume of sales. Mr
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members of the public are no longer allowed to climb the Qutub Minar. Over the years the Qutub Minar has seen its fair share of problems with the top being damaged by lightening at one time‚ and structural damage due to earthquakes over time. Thankfully‚ it has been repaired as and when the damage occurred and as a result it remains a marvel for generations to see.The entire Qutub Minar complex is a well maintained property with lush gardens. The guides do not harass and an official audio tour is available
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Sustainability issue of companies Yue Zhang Delaware Stare University Pfizer Pfizer is a company with 150 years of history in research-based multinational pharmaceutical company. Pfizer for human and animal health discovery‚ development ‚ production and markets leading prescription medicines ‚ and many of the world ’s most well-known consumer products. The new Pfizer by Pfizer and Pharmacia have a hand in the creation of an unprecedented scale
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………………………………………..................................... 3 Maintenance of data security and integrity in reference to: * Software Access Restrictions ………………………………..... 4-5 * Physical Access Restrictions ………………………………….. 6-7 Summary ………………………………………………………………... 8 Bibliography …………………………………………………………….. 9 Introduction Maintenance of data security and integrity in reference to: Software Access Restrictions These are inserted for the purposes
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of Bachelor of Science (Hotel Administration) January‚ 2010 Table of Content 1. Executive summary 4 2. Introduction 5 3. Description of the Panera Bread company 6 4. Strategies being pursued by the company 10 5. Future trends which will have impact on the company 15 6. Future possibilities 17 7. “The way forward” 20 Plagiarism With this form we declare that‚ this assignment has been done with
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Theory X and Theory Y where employees who have specialized skills are to be rewarded for employees to be motivated. Using these approaches‚ problems in the organization is detected and the leadership theories are crucial for the Royal Dutch Shell Company to maintain good relationship between employees and employers. Evaluation from controlling includes comparing and taking managerial action as control process; implementing feed-forward‚ concurrent control and feedback control. Sufficient analysis
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1. If Wilkerson were to cut prices‚ based on contribution margin‚ to just cover short-term variable costs‚ what consequences could it experience? (5 marks) Several break-even-point assumptions are made in calculation: 1) Total fixed costs do not change with volume‚ and will exist regardless if the products are sold or not. 2) Sales mix will be constant. The contribution-margin percentage is 66.1%‚ which means 66.1 percent of each sales dollar is available for covering fixed costs and making
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The company was established in 1937 by the Deutsche Arbeitsfront‚ the Nazi Trades union organization (Bowler‚ 2015). The company was named Volkswagenwerk‚ or “The People’s Car Company.” because Adolf Hitler has a vision to produce cars for people of the Reich. Hitler proposed that the car should carry 5 people‚ able to run at 62mph (100km/h)‚ and cost only 1000 Reich Marks (around $160) which supposedly affordable for every Reich family (Knorr‚ 1998). His vision made reality by an Australian automotive
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