Category: Management report

The effects of omission and
in a Prospectus

The prospectus is issued for giving inspiration ofpurchasing shares or debentures by creating reliability in the public. There is a golden rule in this regard which was assessed in the suit of Newvaniswek etc....

Nature of a Private Company

Incorporation of a private company is the earliestway to do business of an ordinary business by a family or ansmall group of persons because minimum two members are sufficient therein. Private Company is defined...

Merits of Company Form of Organisation

Some of the merits of company form of organisation discussed below: 1. Accumulation of Large Resources- The main drawback of the sole trade and partnership concerns has been the scarcity of resources the resources...

Demerits of Company Form of Organisation

1. Difficulty of Formation- Promotion of a company business is to be decided first. A number of persons should company promotion. The suitability of a particular type of be ready to associate for getting...

Who can be a Partnership?

1. Person- According to Sec. 11 of the Indian Contract Act, every person who is of the age of majority according to law to which he is subject to and who is of sound...

Partnership Deed Or Agreement

Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. The contract or the agreement that forms...

Rules For Setting Accounts After Dissolution

In partnership, the partnership deed has a significant place. On the basis of it, the accounts of partnership are in the Partnership Deed, the matter may be finally disposed finalised and settled. But if...

Meaning of Dissolution of Firm

As per Sec. 39 of the Indian Partnership Act, 1932 the dissolution of partnership among all the partners is known as the ‘dissolution of the firm’. On dissolution, the firm’s business gets ended and...

Incoming Partnership

According to Sec. 31 of the Indian Partnership Act, keeping in view the provisions of the existing agreement (deed) and the provisions of Sec. 30 of the Indian Partnership Act, no person could be...

                             

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