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CORPORATE ENVIRONMENT Unit 1 FORMATION OF COMPANY Promotion of Company – Promotion – Incorporation – Capital Subscription and Certificate of Commencement of Business. Memorandum of Association – Definition – Clauses. Articles of Association – Definition – Contents – Distinction between Memorandum of Association and Articles of Association – Alteration of Memorandum of Association and Articles of Association. Prospectus – Meaning – Contents – Statement in Lieu of Prospectus. INTRODUCTION
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Scenario of company limited by shares Joseph forms a company limited by shares which he representing a sole shareholder and sole director of the limited company while Germany has been employed as the secretary of the limited company. Joseph agrees to subscribe 2 shares in the company and he had made the full payment. During the business operations‚ the limited company earns profit initially. After few years‚ declines in demand of their products caused the company started to make severe losses and
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Limited Companies In order to set up a limited company‚ you must firstly set up the company with Companies House and let HM Revenue and Customs (HMRC) know when the company starts its business. Every financial year the company must: Put together statutory accounts Send Companies Home an annual return Send HMRC a tax return The company must register for VAT if you expect its takings to be more than £81‚000 per year. If you’re a director of a company you must: Fill in a Self-Assessment tax return
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www.hbrreprints.org Decoding the DNA of the Toyota Production System by Steven Spear and H. Kent Bowen Included with this full-text Harvard Business Review article: The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 1 Article Summary 2 Decoding the DNA of the Toyota Production System A list of related materials‚ with annotations to guide further exploration of the article’s ideas and applications 12 Further Reading The Toyota story has been intensively
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BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027 Market Cap: [Rs.Cr.] 88‚121 | Face Value: [Rs.] 2 Industry: Computers - Software - Large Discuss this stock Company Profile HCL Technologies Ltd is a global technology company. The company is primarily engaged in providing a range of software services‚ business process outsourcing and infrastructure services. The company leverages an extensive offshore infrastructure and its global network of offices in various countries and professionals to deliver solutions across
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New-type Automatic Quenching Production Line was Put into Operation Advanced heat treatment technology can effectively guarantee the quality of products for steel ball manufacturers. Our products are widely applied in metallurgy‚ cement‚ water coal slurry and other fields. Their hardness and corrosion resistance must reach certain standards. With the rising sales‚ the original 8 heat treatment can no longer satisfy the requirements of production. After company leaders carefully studied and discussed
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The Lincoln Electric Company Case Analysis Introduction Lincoln Electric Company is a manufacturing company‚ which has been focusing on welding products for the recent 30 years. The company had outstanding brothers leading the company to success. John was a technical genius and he brought the best skills in production and James was good at management and he was working on the employees ’ incentives. The company gained its reputation through the world war till present as the welding equipment
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Bay. Later that year the company acquired its first plant site in Oakland‚ paying $3‚000 (The Clorox Co. Website) for it. In 1914‚ the name Clorox was suggested by an engineer for an equipment supplier‚ Abel M. Hamblet. The name was derived from "chlorine" and "sodium hydroxide‚" the two active ingredients in the bleach. Hamblet also drew a rough sketch of a diamond with Clorox written in the center and the
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Industrial Production and Capitalism: Drivers of social change in history Ho Xin Qian Louise In this essay‚ I will illustrate why industrial production and capitalism were major causes of social change in history by stating three main arguments. Firstly‚ I put forth the case that industrial production and capitalism have changed the role and nature of markets in history. In doing this‚ I trace how the market has become the central system of social coordination via market instruments‚ encompassing
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