Associative Entities

Business the AA Name: Jamal Kelly Institution: Redbridge College Business Organization A business is an organization that undertakes the exchange of goods or services for monetary gain. An economic system refers to the manner in which a nation or state is organized in the exchange of goods and services, production and allocation of resources. The economy is made up of three sectors; the private sector, public sector and voluntary sector. The private sector is made up of private

The Salomon principle dictates that if the company is established in accordance with the requirements of the Companies Act 2006, it starts to operate as a separate legal entity. The corporate veil becomes the dividing line between this entity and its shareholders. However, it soon became obvious that this concept can be easily abused, therefore Courts fought hard in order to establish exceptions to the Salomon principle in the form of lifting or piercing the veil, allowing them to look behind the

Introduction BOTT Ltd are Private Limited company that specialise in vehicle conversions which is based in Bude. They have other workshops in Scotland and Ashby. There is also, BOTT Hungary and BOTT Germany. These are all subsidiaries to BOTT group, which is an international corporation. BOTT Group is also German owned. BOTT UK sell worldwide, however they mainly sell to the UK and Europe. BOTT UK describe their products as ‘’providing affordable and effective solutions’’ – As described on their

An Overview of Financial Management and the Financial Environment Matthew Ellsworth  Abstract Financial Management usually involves the process of planning, organizing and controlling the financial activities of any enterprise to achieve the goals and objectives in financial terms of that enterprise. The main objectives of financial management would be to create wealth for the business in terms of movable cash for the organization and to ensure that the target return in investments is meet at

Project-Corporate Law-I Relationship Between holding Companies and subsidiaries and the concept of piercing the corporate veil in the light of recent Vodafone 's decision and Finance Act 2012 Submitted to- Dr Kiran Kori Faculty-Corporate Law Submitted by-Prarthna Baranwal Semester-V Section-A Roll No.-92 HIDAYATULLAH NATIONAL LAW UNIVERSITY, RAIPUR CHHATTISGARH 1 ACKNOWLEDGEMENTS I would like to express my heartfelt gratitude to our respected faculty Kiran Kori Ma’am for giving

Sole Traders business becomes insolvent, the assets no longer matching liabilities, the trader is sued as bankrupt brought about by the procedure known as bankruptcy laid down in the Enterprise Act 2002. As a Partnership is not a legal person or entity, although it can now be sued and can sue in its own name, all partners are jointly liable under S.9 PA1890 , and liability is unlimited. Undoubtedly in the course of the

INTRODUCTION Kiswahili is one of the best documented and most studied African languages and much work has been done in analyzing various aspects of the language. However, one area which has thus far been not enough explored is that of the syntactic elements of the relative clause. To this end, the paper will focus on by providing a detailed (though not exhaustive) analysis of relative clauses without attempting to grapple with morphology. This is done deliberately so that time is not wasted on restating

one member. A single shareholder holds total shareholding. Who can become a Member? Only a natural person who is a resident of India and also a citizen of India can form a one person company. It means that other legal entities like companies or societies or other corporate entities cannot form a one person company. 2. One Director: The other material point is that a One Person Company may have only one director. But at the same time there is no bar on more number of directors. However, as per the

To the Financial Board of the Positive Bank, You recently denied my clients a loan for their music production business on the grounds that ‘any reliable businessman would know that the only business form that can raise enough money to pay back a bank loan is a company’ and that as my clients chose a partnership as a business form on our recommendation the loan was ‘rejected’. This letter of appeal will firstly describe the advantages and disadvantages of the three business forms that are applicable

How to Close a Company in India with Fast Track Mode A company may go for closure when it becomes increasingly difficult for a company to pay its debts due to loss, ceasing trading or going into receivership or liquidation etc. Basically in India most of the companies are register under the private limited companies in the starting and after some months or year when they are not showing any growth in the Business, that time they want to shut down the operations and close the company so they need