Winding up of Company Section 425 of the Companies Act‚ 1956‚ deals with the winding up of companies. Winding up of company is a legal procedure to dissolve the company and put an end to its life. The company ceases to be a ‘going concern’. The term winding up is defined as‚ ‘the process by which the life of a company is ended and its property is administered for the benefit of its members and creditors.’ During the process of winding up‚ the assets of the company are sold and all the debts
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* Leslie L. * Film Log * * Up in the Yangtze * * The building of The Three Gorges Dam along the Yangtze River has brought negative impacts and problems to the nearby residences that have been occupying the areas for generations. The documentary‚ Up In the Yangtze‚ reveals the life of one particular family that was extremely affected by the dam project. The population that is most negatively affected by the Three Gorges Dam is the residents and cities that have resided by the
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“Light Up Nippon” I was watching on the television on how the tsunami eaten up the Japan on March 2011; devastating numerous cities and killing thousands of people whether young or old‚ poor or rich. After the incident‚ you could see the buildings‚ houses‚ establishments and infrastructures that were once standing tall‚ firm and beautifully constructed were now on the floor scattered into pieces‚ destroyed and wrecked. It doesn’t take a person to realize how the resident of Japan felt after the
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Table of Contents Table of Contents Executive Summary 3 Strategic Analysis for UPS 4 Organizational Plan for UPS 4 Companies 5 Services 6 The Marketing Plan for UPS 11 Whiteboard Campaign 11 NASCAR Campaign 11 The Operating Plan for UPS 12 Global Trade 13 Infrastructure 14 Customs 14 The Financial Plan for UPS 15 Results 15 Cash Position 16 Supporting Documents 16 UPS FACT SHEET 16 Awards 18 Conclusion 18 References 19 Executive Summary In 1907‚ a 19 year old entrepreneur
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none other than Las Vegas‚ Nevada‚ a place where no one else existed but me and her. So I thought. I was totally ecstatic; at this point it’s been moths since we’ve been out just the two of us with no kids. The first night we get there we get dressed up and make reservations at our favorite restaurant. The moment we get to the restaurant‚ she starts acting weird and all of a sudden does not find a single thing on the menu appetizing and complains of a stomach ache‚ so we leave in a hurry. Arriving
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DEFINITION OF WINDING UP OF A COMPANY Winding up or liquidation of a company is the ending of a company’s life; its property administered for the benefit of its creditors and members. At the end of the winding-up‚ the company will be dissolved. There are two main types of winding up: compulsory‚ under and order of the court; and voluntary‚ under resolution of the company. VOLUNTARY WINDING UP In a voluntary winding-up‚ the members of the company have passed a resolution to wind-up the company.
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comparison‚ financial data and operational excellence‚ we believe UPS will be a better performer in the long run as compared to FedEx. Competitive Advantage UPS has a first mover advantage over FedEx‚ beginning air delivery service in 1929. Although FedEx was the first to own and operate their own planes and introduced the innovative “hub and spoke” distribution pattern‚ UPS leads in specialized transportation and logistics services. In 1975‚ UPS promised package delivery to every address in the United States;
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Growing up in Ethiopia‚ a third world country where opportunities come few and far between‚ medicine‚ law‚ and engineering are all at the forefront of these limited opportunities and overly frequented options for college students. At an early age‚ I uncovered my love for helping others‚ but to my parents’ surprise my passion was for helping my girlfriends put outfits together or helping them shop for clothes‚ not helping an ill person regain their health in a white coat. As I began to mature‚ so
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Case Study Questions 1. What are UPS "Smart Labels?" What role do they play in UPS operations? The UPS Smart Label is a computer-generated shipping label that you can create using your personal computer. One of the key elements of the smart label is the barcode. The information contained in a smart-label barcode can benefit you significantly. Among these‚ a UPS Smart Label provides you with the following: Increased reliability‚ since the barcode contains data imported directly from your system
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UPS (United Parcel Service Inc.) is an American company specialized on the global express delivery and logistics services. The headquarters of the company is located in Atlanta (Georgia). Daily the company delivers more than 17 million cargo to more than 9 million goods in more than 200 countries around the world (UPS‚ 2015). The target activity of the company is a rapid delivery of goods and documents; however‚ in the organizational structure of UPS there is also a unit responsible for the management
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