com THE HIGH COURT OF DELHI AT NEW DELHI (ORIGINAL JURISDICTION) COMPANY APPLICATION NO. (M) 123 of 2012 IN THE MATTER OF THE COMPANIES ACT‚ 1956 (1 OF 1956) SECTIONS 391 & 394 AND IN THE MATTER OF SCHEME OF AMALGAMATION OF BRAHMAPUTRA INFRAPROJECT LTD WITH BRAHMAPUTRA INFRASTRUCTURE LTD IN THE MATTER OF BRAHMAPUTRA INFRAPROJECT LTD APPLICANT/ TRANSFEROR COMPANY (A Company incorporated under the provisions of the Companies Act‚ 1956 and having its registered office at Brahmaputra House‚ A-7
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personal use. CONVENIENCE/BURDEN: The cost of setting up a sole proprietorship is nominal as well as easy to set up. Visiting the local courthouse to complete the D.B.A. form will give the owner a certificate for the business. LOCATION: Depending on the type of business while decide what is needed for relocation. The owner would need to file a new D.B.A. with the new state‚ dissolve the business in the previous state‚ and pay any applicable fees for both. GENERAL PARTNERSHIP: Two or more components/people
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There are many other legal aspects that must be taken into account in the setting up of ILM Trading. These include such legislation as the Sales of Goods Act 1979‚ the Supply of Goods and Services Act 1982‚ the Data Protection Act and different types of legislation dealing with advertising and copyright. Sales of Goods Act 1979 This legislation would apply to ILM Trading because as the name suggests this operation deals with the purchasing and selling of goods. The Sales of Goods Act 1979
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of this chapter you should be able to understand: • The difference between management and financial accounting. • Why accounting regulations are important and required. • The need for and the structure of professional regulation‚ company law‚ stock exchange legislation and EU Directives. • How the different aspects of regulation work together and complement each other. • The process through which an accounting standard comes into being. REVISION RESOURCES EXAM QUESTIONS:
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Legal 2 Test 2 Studyguide Sole Proprietorships the simplest form of business organization. Sole proprietorships are the most common form of business organization in the US. Major advantages: * Forming a sole proprietorship is easy and does not cost a lot. * The owner has the right to make all management decisions concerning the business‚ including those involving hiring and firing employees. * The sole proprietor owns all of the business and has the right to receive all of the
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Market Entry Modes There are many types of entry modes into a market‚ such as joint venture‚ franchise‚ and wholly owned subsidiary. For our business to go into Thailand‚ we considered these few options and highlighted that joint venture is a preferred entry mode. One important point is the language barrier in Thailand. Though most of the Thai understand English but the mother tongue of Thailand is Thai language. In order to reach out to the entire population‚ communication is vital as to reach
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they are businesses but they each serve their own purpose to the business world. Sole Proprietorship is a form of organization that has a single owner called proprietor who generally is also the manager. Sole proprietorship tends to be small service-type (e.g. physician‚ lawyers and accountants) business and retail establishments. The owner receives all profits‚ absorbs all losses and is solely responsible for all debts of the business. Thus‚ the accounting records of the sole proprietorship do not
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acquisition and Greenfield This paper investigates how a firms’ strategy will influence the entry mode decision of the firm (MNC) and investigates whether acquisitions and Greenfield subsidiaries are being managed in the same or in a different way. Two types of international strategies for MNC’s 1) Global strategy: dominant strategic requirement: efficiency. As a result these firms integrate and rationalize their production. Subsidiaries act as ‘pipeline’ for headquarters and usually do not respond
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business structure will contribute to its long term success. Therefore‚ when selecting the appropriate business type‚ one must carefully consider the following: taxes‚ liability‚ administrative burdens‚ start-up and long term costs‚ legal implications‚ accounting‚ public reporting‚ a business partner’s agenda‚ the best method to reach financial goals‚ as well as considering the different types of financial statements associated with each form. The four basic forms of a business are sole proprietorships
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CHAPTER 1 AN OVERVIEW OF FINANCIAL MANAGEMENT (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Firm organization Answer: c Diff: E [i]. Which of the following statements is true? a. One of the benefits of incorporating your business is that you become entitled to receive unlimited liability. b. Sole proprietorships are subject to more regulations than corporations. c. Sole proprietorships do not have to pay corporate
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