Companies The formation of incorporation is by registration with the companies acts 1963-2012.Companies can be registered with limited or UN limted liability or as a private or limited company. The legislation will distinguish between limited and unlimited‚ by which liability of the members is limited‚ between the companies with share capital and without share capital. This went between the private and public companies. A company limited by shares Companies act S 5(2)1963. At the end of 1983‚ there
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This essay will focus on some of advantages and disadvantages of public transportation. First of all‚ I’d like to talk about advantages of public transportation. Using public transportation can reduce the number of people who drive their own car. It can ease traffic jam and improve road condition. We can also reduce air pollution by using public transportation. Public transportation can accommodate a lot of people and send them various destinations. It leads to the reduction of harmful
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Nowadays‚ many kinds of public transport can be seen on the road‚ even though people drive their own car. It is usually on time and economical. Firstly‚ one of the advantages is that using public transport is very economical. Taking buses and trains is cheaper than using private cars. If people have their own car‚ they have to pay a lot of money for service‚ repairs‚ and insurance. It maybe will cost all the money people earn. Moreover‚ there are many discounts for some individuals‚ like students
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The Advantages And Disadvantages of Multinational Companies In a modern society‚ many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example‚ McDonalds‚ Pepsi‚ KFC‚ Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages‚ Firstly‚ multinational products and services provide the best possible standards. Because in a foreign country
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background and has also successfully completed an Executive management course from the prestigious Synthetic Institute of Business Studies‚ Amritabad‚ - with a specialization in strategic human resource management‚ now works for an eminent manufacturing company – Rail Coach Factory (RCF)‚ Boregaon‚ as the HR cum Factory Manager. Raman Khanna’s passion to contribute to India’s growth was the single most important factor in his choice of a job. RCF is a 150 year old PSU‚ manufacturing railway wagons and containers
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Q1: What are advantages and disadvantages to Jenifer’s company of routinely administering honesty tests of all it employees? There are positive advantages and some disadvantages of regularly conducting honesty test of workers. Honesty test helps to spot culprits in the organization. These types of people are indulged in dishonorable and dishonest actions. Through this identification the personal managers can easily get rid of these type of employees. Polygraph testing raises a large number of
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REASON FOR PT. BANK CENTRAL ASIA‚ Tbk TO GO PUBLIC INITIAL PUBLIC OFFERING William 1140004383 BINUS BUSINESS SCHOOL PROGRAM STUDI MAGISTER MANAJEMEN BUSINESS MANAGEMENT BINUS UNIVERSITY JAKARTA 2010 List of Content List of Content 2 Definition 3 Reasons for listing 3 Advantages of an IPO 5 Disadvantages of an IPO 5 Procedure 6 Bank Central Asia History 7 Bibliography 9 Definition An initial public offering (IPO) or stock market launch is‚ as it sounds‚ the
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between a public company and a private company are explained in the following manner: 1. Minimum number of members The minimum number of person required to form a public company is seven‚ whereas in a private company their number is only two. 2. Maximum number of members There is no limit on the maximum number of member of a public company‚ but a private company cannot have more than fifty members excluding past and present employees. 3. Commencement of Business A private company can commence
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DIFFERENCE BETWEEN PRIVATE COMPANY AND PUBLIC COMPANY PRESENTED BY: DEBASIS BEHERA REGD NO:10HM08 What is company? An association of persons who contribute money or money’s worth towards a businessLord Lindley. Voluntary association formed and organized to carry on a business in the legal name of the association. Company formed and registered under company act. What is private company? Business firm in the private (non-public) sector of an economy‚ controlled and operated by private
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Should Smaller Public Companies be Exempted from Complying with SOX Section 404(b)? ABSTACT On July 21‚ 2010 the Dodd-Frank Wall Street Reform and Consumer Protection Act provided the non-accelerated public companies (those with a market capital below $75 million) a permanent exemption from complying with the Sarbanes-Oxley (SOX) Section 404(b). The Section 404(b) would have required these smaller companies to do what larger companies over the $75 million market cap are currently doing;
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