7185travelinsurance abroad

• https://www.icicilombard.com/travel-insurance/Salt-and-Pepper.cms
• http://www.oanda.com/currency/converter/

bare acts

http://www.vakilno1.com/bareacts.htm

business mgt. 2

--What is a pre-incorporation contract?

What is known as preliminary.

If the AGM of a meeting held on a particular date,on that date all the shareholders present in the meeting died on the spot.

Can the company remain in existence?

Yes.

What is the maximum limit of members in a private limited company?  50

AGM can it be held on a public holiday?

NO.

How many members must sign the Memorandum of Association of a public ltd. company?

seven (7)

What does Limited liability  mean?

The owners of a business are not liable for the debts

Who are called the Promoters?

People who conceive the idea of business.

Is it true that the company works under a common seal and has a perpetual succession?

yes.

If the company does not follow the principle of separate legal entity  what can be done?

 the corporate veil can be lifted.

What must be the total managerial remuneration in a public ltd. co?

11 percent.

What  is first step for formation of a company?

Promotion.

This kind of company enjoys the number of privileges?

Which one?  The private Ltd. company.

Can any corporate body or association be appointed as  director of a company?

NO No No.

Can an increase take place  beyond the maximum number of 

directors permitted  in the articles of assn. of the company?

yes. by the Central Govt.

How many months gap is allowed between two Annual general meetings?

15 months.

Which section describes the disqualification of a director?

Section 274

Where can you find the first directors of the company?

In the articles of the company.

Who is an alternate director?

a director appointed  in the place of the original  director in case of his absence.

Who can fill up the casual vacancy?

the board. of board of directors.

How can the director be removed?

by the shareholders/ by the central govt./  by company law board/

From which language the word company has been derived?

Latin./ com means with or together Panis means bread.

 persons jointly taking meals together.

which section defines a Govt. company? section 617

What does it state?any company 's shares 51 percent  of the paid up capital is held  by  Central/ State / govt or governments is called a Govt. company.

There  is no legal formality to start a company? Wrong and False . and not true.

Can a company die with  the death of a shareholder?

No, not at all.

Do the shareholders of a company have a limited liability?yes.

Can a company own property on its own  name?

yes.

How  is  the company managed?

by the elected representatives  of the shareholders.(directors)

Which are the three basic types of companies which may be regd. under companies act 1956?

Private companies/public companies/ producer companies

What is a producer company?

http://www.vakilsearch.com/law/company-law/companies-act/producer-company

http://www.vakilno1.com/bareacts/companiesact/companiesacts.htm

What are the three distinct stages in the company formation?

Promotion/ incorporation by registration/ commencement of the business.

What is vetting?

it is a process of examining carefully the contents of all related documents from the legal point of view.

Govt.owned companies

http://en.wikipedia.org/wiki/Category:Government-owned_companies_of_India
http://en.wikipedia.org/wiki/Category:Government-owned_companies_of_India

This category has the following 4 subcategories, out of 4 total.

G

• ► Government-owned banks of India‎ (31 P)
• ► Government-owned insurance companies of India‎ (6 P)

M

• ► Mints of India‎ (3 P)

N

• ► Companies nationalised by the Government of India‎ (40 P)

Pages in category "Government-owned companies of India"

The following 127 pages are in this category, out of 127 total. This list may not reflect recent changes (learn more).

List of public sector undertakings in India Public sector undertakings in Kerala A Air India Air India Air Transport Services Airline Allied Services Andaman & Nicobar Islands Forest and Plantation Development Corporation Andrew Yule and Company Ltd. Antrix Corporation Artificial Limbs Manufacturing Corporation of India Ashok Group B Balmer Lawrie Bank of India Bharat Earth Movers Bengal Chemicals and Pharmaceuticals Bharat Bhari Udyog Nigam Bharat Coking Coal Limited Bharat Dynamics Bharat Electronics Bharat Heavy Electricals Limited Bharat Heavy Plate and Vessels Bharat Immunologicals and Biologicals Corporation Bharat Petroleum Bharat Pumps & Compressors Bharat Refractories Limited Bharat Sanchar Nigam Limited Bharat Wagon and Engineering Bharat Yantra Nigam Biecco Lawrie Birds Jute and Export Bongaigaon Refinery and Petrochemicals Limited Braithwaite & Co. Ltd. Braithwaite, Burn & Jessop Construction Company Bridge and Roof Company (India) British India Corporation Broadcast Engineering Consultants India Burn Standard Company C Cement Corporation of India Central Coalfields Limited Central Electronics Limited Central Mine Planning and Design Institute Limited Central Warehousing Corporation Coal India Limited Cochin Shipyard

C cont. Container Corporation of India Cotton Corporation of India D Dedicated Freight Corridor Corporation of India Dredging Corporation of India Limited E Eastern Coalfields Limited Electronics Corporation of India Limited Engineers India Limited Export Credit Guarantee Corporation of India F Food Corporation of India G GAIL Garden Reach Shipbuilders & Engineers Goa Shipyard Limited Gujarat Energy Transmission Corporation Limited Gujarat Mineral Development Corporation Limited H Heavy Engineering Corporation Hindustan Aeronautics Limited Hindustan Antibiotics Limited Hindustan Copper Limited Hindustan Insecticides Limited Hindustan Organic Chemicals Ltd Hindustan Petroleum Hindustan Shipyard HLL Lifecare Limited HMT (India) Housing and Urban Development Corporation I IBP (merged subsidiary of Indian Oil) India Tourism Development Corporation Indian (airline) Indian Drugs and Pharmaceuticals Limited Indian Oil Corporation Template:Indian PSU Indian Railways Indian Rare Earths Limited J Jute Corporation of India K Kerala State Civil Supplies Corporation Limited Konkan Railway M Maha Navratna PSUs Mahanadi Coalfields Limited Mahanagar Telephone Nigam Limited Mangalore Refinery and Petrochemicals Limited Mazagon Dock Limited MECON Limited Miniratnas

M cont. Mishra Dhatu Nigam MMTC Ltd MOIL Limited Mysore Paper Mills N National Aluminium Company National Fertilizers National Film Development Corporation of India National Mineral Development Corporation National Power Training Institute National Textile Corporation Navratna Neyveli Lignite Corporation Northern Coalfields Limited NTPC Limited Bhavini Nuclear Power Corporation of India O Oil and Natural Gas Corporation Oil India Opium and Alkaloid Works Ordnance Factories Board P Pawan Hans Power Finance Corporation Power System Operation Corporation PowerGrid Corporation of India Praga Tools Limited Projects and Development India Limited R Railtel Corporation of India Rajasthan Electronics and Instruments Limited Rajasthan State Mines and Minerals Limited Rashtriya Chemicals & Fertilizers Rashtriya Ispat Nigam Research Design and Standards Organization RITES Rural Electrification Corporation Limited S Shipping Corporation of India Singareni Collieries Company South Eastern Coalfields Limited Steel Authority of India Limited U Unit Trust of India Uranium Corporation of India W Western Coalfields Limit

Business Laws

1. Know more about Law.
2. company law.( The companies act 1956.)
3. Laws relating Partnership(Indian Partnership act 1932)
4. Relating to contract.(Indian Contract act 1872)
5. relating to sale of goods.
6.  Relating to Negotiable instruments .(Sale of Goods act 1930)
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8. Learn more about  company.
9. What is a company?
10. it is a legal entity in the eyes of law.
11. It is an artificial person.
12. It cannot act  on its own.
13. It can do so only through human intervention.
14. It can act  through the directors.
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16. Who are directors?
17. Directors are the persons who run the management of the affairs of the company.
18. They are appointed according  to the law.
19. They are authorized to direct, control,conduct or superintend the affairs of the company.
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21. Who are called the board of directors?
22. The persons who are in charge of the management of the affairs of the company.
23. They are collectively called the board of  directors.
24. Or the board.
25. They  occupy a special position in the structure of the company.
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27. Who is a director?
28. he is the one who directs.
29. Section 2(13)  of the companies Act.1956.
30. "     Any person occupying the position of a director by whatever name called".
31. Who can be a director?
32. Any person and no qualifications required.
33. He  should hold  a specific number of shares.
34. The Articles of the Association of the company may fix as the requisite for the appointment of a director.
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36. Who cannot be a director? (reference.Sec.274)
37. if he has been found by the court to be of unsound mind
38. He is an undischarged insolvent
39.  he has applied to be adjudicated as an insolvent  and his application is pending.
40. He has been convicted  by a court of any offence involving
41. moral turpitude and sentenced  in respect thereof to imprisonment for not less than 6 months  and a period of 5 years  has not elapsed  from the date of expiry of the sentence.
42. he has failed to pay any call on his shares in the company
43. from the date fixed  for the payment.
44. Disqualified under sec.203 reg. fraudulent persons managing companies.
45. Director of a public company  not filed annual accounts and returns  for any continuous period of  three financial years from April 1999.
46. Any company failed to repay the deposit or interest thereon on due date.
47. or redeem the debentures  on due date.or pay dividends
48. continuing for one year or more.
49. A private company which is NOT A SUBSIDIARY  OF A PUBLIC COMPANY  may by its articles  provide additional qualifications to be appointed as a director.
50. Section 253.
51.  No body corporate, association  or firm can be appointed as director  of any company.
52. Only an individual can be appointed.(only natural persons)
53. Sec 266B
54.  Director appointed or to be reappointed  must have identification number under sec.266B

Management 2

What is planning?

it is forecasting  and deciding in advance a course of action to be followed or activities to be pursued in future.

Whose function is this? every manager's.

What are Planning Premises? predictions and assumptions about the future.

Define: Forecasting:  it is an analysis and interpretation of the future conditions in relation to operations  of the enterprise.

What does decision making signify?

 actual selection of a course of action from among  a number of alternatives.

Where does decision making by groups take place?

in board meetings, committees, staff -meetings, conferences etc.

what should the appointing authority lay down?

Explicit terms regarding  the scope and exact functions expected of the decision making groups.

Management

• Define mgt. It is a process by which responsible people in an organization  get things done through the efforts of other people in group activities.
  Describe Mgt.  Mgt. is a science and an art. The theory is Science and practical application to gain the desired result is an Art.
  What is co-ordination? It is the essence of mgt.
  The whole idea of coordination  is to ADJUST, RECONCILE, AND SYNCHRONIZE individual efforts  more effectively
  And to help achieve some common objectives.
  Fredrick Taylor: The founder of modern Scientific Mgt.
  http://www.netmba.com/mgmt/scientific/
  Henry Fayol: Father of modern mgt. theory.
  http://managementinnovations.wordpress.com/2008/12/04/henri-fayols-14-principles-of-management/
  What are the three levels of management?
  Top, Middle, lower  levels of mgt.
  What are the 3 social groups which Drucker assigns?
  a) Managing a business b) managing managers c) managing workers and work.
  What is administration? it is  top level function of mgt.
  What is the level of mgt.? it is a lower level function.
  Classify Managerial skills? Technical, human and conceptual  according to KATZ.
  http://kalyan-city.blogspot.in/2011/06/managerial-skills-conceptual-human.html
  Who is a professional manager?  He is an expert,trained and experienced enough to adeptly manage any type of organization.It may be  a mfg. house, a service orgn. a hospital, or a govt. agency.
  Which vital role is played by the executive and managers play? they determine the future of the organisation.
  What is increasing? the demand for competent managerial personnel  having intellectual  potentialities  and distinct managerial traits.
  What are required  for the fulfillment of the desired mission of an organization? Effectiveness and efficiency.
  Which is the most significant factor in managerial effectiveness and why?
  Intellectual skill. because  of the changing environment
   of the orgn.
  Mgt. Management/  orgn. organization
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  useful for those who are studying for 
  Secretarial and management courses and for general information for all knowledge seekers.
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