And, best of all, it is completely free and easy to use. The slide contained in 16:9 and 4:3 format. 0000005846 00000 n %%+ -dColorImageResolution=300 -dGrayImageResolution=300 -dMonoImageResolution=300 -dDownsampleColorImages=true -dColorImageDownsampleType=/Bicubic -dColorImageDownsampleThreshold=1.0 -dDownsampleGrayImages=true -dGrayImageDownsampleType=/Bicubic Tewksbury FCU. In fact law and society are complementary. I provide administrative leadership and management within the School of Law, Criminology & Policing and organisational support to its staff, students and visitors. click your mouse anywhere on the screen when you are ready to, Introduction to Law - . Slide 3: This is a slide to state Our Vision And Mission with Goals and Strategies accompanied with text boxes. A company incorporated under the Act is vested with a corporate personality so it redundant bears its own name, acts under a name, has a seal of its own and its assets are separate and distinct from those of its members. An incorporated company owes its existence either to a special Act of Parliament or to company law. 1.Company Limited by Shares A company limited by shares is a company formed on theprinciple that the members' liability is limited by the MOA to the amount, if any, unpaid on the shares taken up by them. enable companies to function. Bba 1 ibo u 2.1 co. act, incorporation, moa, aoa, prospectus, Statutory compliances for companies in India, Company incorporation under nca 2013 and rules there under, Formation of Company & Steps involved in it, Ppt on incorporation of company as per new company act, 2013 (updated), Llb ii cl u 1.1 introduction-types of company, VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELAGAVI, Cross-border transfer of a companys seat. criminal justice winter 2019/2020. There is no penalty for doing quizzes early! Well convert it to an HTML5 slideshow that includes all the media types youve already added: audio, video, music, pictures, animations and transition effects. If you miss that deadline, I will treat it as a missed quiz. The above classifications create: a) Public companies - Limited by shares - Limited by guarantee - Unlimited with share capital - Limited both by guarantee and shares b) Private companies - Limited by shares - Unlimited with share capital. Slide 4: This is an Our Team slide. In addition to these ongoing legal and regulatory requirements, there are also a number of legal issues that can arise throughout the life of a company. Free access to premium services like Tuneln, Mubi and more. The PowerPoint PPT presentation: "Introduction to Business Law" is the property of its rightful owner. It is considered as a legal person which can enter into contracts, possess properties in its own name, sue and can be sued by others etc. "Law is what the sovereign says it is." Decisions stand, regardless of morality. In other words, a shareholder is liable to pay the balance, if any, due on the shares held by him, when called upon to pay and nothing more, even if the liabilities of the company far exceed its assets. what is law?. Do you have PowerPoint slides to share? Introduction to Company Law. Its rights and duties are distinct from those of its constituent members. 0000008537 00000 n Legal PowerPoint Template It thus encompasses the formation, funding, governance, and death of a corporation. By 2. [British Thomson-Houston Company v. Sterling Accessories Ltd., (1924) 2 Ch. slip and fall-most, Introduction to Law - . 0000001507 00000 n The people who got As on my exams last quarter read every word on every page of the textbook before the exam, and made sure they understood every word, or at least thought they did. As already noted, the members may derive profits without being burdened with the management of the company. A member may sell his shares in the open market and realize the money invested by him. esad oru , llm e-mail: eoruc @ ibu.edu.ba phone: +387 33 944 446. <> Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. PPT - Introduction to Company Law PowerPoint Presentation, free download - ID:3971429 Create Presentation Download Presentation Download 1 / 17 Introduction to Company Law 1103 Views Download Presentation Introduction to Company Law. 0000000716 00000 n rules,regulations,guidelines. Thus, if a director fails to disclose a breach of his duties towards his company, and in consequence, a shareholder is induced to enter into a contract with the director on behalf of the company which he would not have entered into had there been disclosure, the shareholder cannot rescind the contract. Slide 1: This is an introductory slide for Company Introduction. in the u.s., the founders wrote the constitution with the idea, Introduction to Law - . Law is a system of rules that govern a society. 1. read CACL p.90-100. part one. Law is the potential tool of social change. In a Hindu Undivided Family business, the. A company is not merely a legal institution. These presentation slides are high-definition templates with multiple editable options. Personal Self Introduction PowerPoint Template by SlideModel 1. fSOURCES OF LAW FOR INTERNATIONAL BUSINESS TRANSACTIONS 1) INTERNATIONAL LAW: governs conduct outside nation-states 2) NATIONAL LAW: governs conduct within nation-states home state host state Gower rightly mentions. How are they defined? It comes with a fully editable template structure, fifty custom master slides, and over four hundred slide template designs for you to enjoy. Looks like youve clipped this slide to already. Introduction to Law - . 1.1 Definition. separation of powers. Therefore, the company as a legal person can take action to enforce its legal rights or be sued for breach of its legal duties. HTKO0W9x'^[lUq*@Gq@lPvD3Io^n&*JUZbC:DLYw3:j1;`y`nX-xY,7`zwp5)|EC! Introduction to Law - . : Pc`1r9/c7@^Gw&FM_d l~66 NaUJ6R!XknE|BH#,X&b8)-\)5DI? It is a complex and ever-evolving area of law that is regulated at both the federal and state level in the United States. Tell them about the computers upstairs in the library and the Open Media lab. Therefore, the company form of organization has assumed greater importance. Thus, in popular parlance, a company denotes an association of likeminded persons formed for the purpose of carrying on some business or undertaking. Advantages of corporate entity to small/family business As subsidiary to group of companies to circumvent, legally, the stricter disclosure requirements. Business Organizations Sole proprietorship or sole trader Partnership Unincorporated joint venture Company ~ find the special characteristics, advantages and disadvantages of the forms of business organizations above. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. 18 of 2013) a "company" means a company incorporated under this Act or under any previous company law [Section 2(20)]. most notes, Introduction to Law - . There are very few really easy questions. . Professor L.C.B. The concept of 'Company' or 'Corporation' in business is not new but was dealt with, in 4th century BC itself during 'Arthashastra' days. A company's life does not depend upon the death, insolvency or retirement of any or all of its shareholders or directors. A partner cannot contract with his firm, whereas a member of a company can. Now customize the name of a clipboard to store your clips. The word 'Law' is a general term and has different connotations for different people, e.g., 1.A citizen may think of Law as a set of rules which he must obey. [Lalit Surajmal Kanodia v. Office Tiger Database Systems India (P) Ltd., (2006) 129 Com Cases 192 Mad]. chapter 1. the law and change. Part A Introduction Modern economies undergo significant short-run variations in aggregate output and employment However, fluctuations do not exhibit any simple regular or cyclical pattern Kitchin's 3-year Juglar's 10-year s's 20-year />Kondratiev's 50-year<br/>Some facts<br/>Okun's Law :US<br/>Per. The external. Law is a system of rules that govern a society with the intention of maintaining social order, upholding justice and preventing harm to individuals and property Law systems are often based on ethical or religious principles and are enforced by the police and criminal justice systems such as the courts In the UK, two major categories of law apply, It is called a body corporate because the persons composing it are made into one body by incorporating it according to the law and clothing it with legal personality. The concepts are presented in a streamlined manner, and cover the key concepts necessary to establish a strong foundation in the subject. - PowerPoint PPT presentation Number of Views: 77 Avg rating:3.0/5.0 Slides: 42 Provided by: delmarlea Category: Tags: business | law less It is "an intricate, centralized, economic and administrative structure run by professional managers who hire capital from the investor(s)". ~ ~ ~ } Introduction to Business Law. bill covington 640-1552/329-3608 m/w 3:30-5:50 room 239 snohomish hall. Related Categories: Company Introduction | Company Portfolio | Company Profile. contact information. Introduction to Contracts & Mutual Assent Firm Offer under UCC 2-205. In the UK, two major categories of law apply, Without law, life and business would become a, Laws are required in society to regulate the. Its' shape got revamped over a period of time according to the needs of business dynamics. created by law); it is clothed with many rights, obligations, powers, and duties prescribed by law; it is called a 'person'. Then you can share it with your target audience as well as PowerShow.coms millions of monthly visitors. Download this company introduction slide to deliver a grand address. 0000003082 00000 n If so, just upload it to PowerShow.com. The textbook follows a traditional approach to the study of business law. Companies Act, 1956 which is being replaced by the Companies Act, 2013. Get powerful tools for managing your contents. manifestation and consequences of the corporate. What types of companies are there? This article titled "Introduction to Company Law: Meaning, Nature and Characteristics" deals with an overview of Company Law and it also discusses the distinction between Company and Partnership; Company and Hindu Undivided Family Business. = jGCGGG(Bp.XJP,"D15),XIb?i! 1) Various reflections on the term law 2. Only a Section 8 company can be formed with no profit motive. Upon incorporation, a company becomes a legal entity with perpetual succession and a common seal. Profit is object. It appears that you have an ad-blocker running. Ppt on company law (Approved) Vibhor Agarwal 6.7k views Winding up Altacit Global 11.4k views Companies act 1956-ppt Indrajeet Kamble 168.6k views Company law Prof. (Dr.) Tabrez Ahmad 6k views Company Directors Aman Agarwal 10.9k views Doctrine of Indoor Management Bhargav Dangar 440 views Viewers also liked (19) law. -f ? It may be perpetual, or it may continue for a specified time to carry on a task or object as laid down in the Memorandum of Association. A person becomes a member of a Hindu Undivided Family business by virtue of birth. Simply choose the perfect images, fonts and colors to make your presentation relay your . Academia.edu no longer supports Internet Explorer. %PDF-1.7 The followings may not apply to private co but obligatory to public co: ~need to maintain a register of substantial shareholders (s.69L) ~must lodge financial reports, regardless of the size of companys operations (s. 169(1)) ~restrict loans to directors or connected persons (ss.133 & 133A), Conversion A private co may later wish to go public and raised share capital from the public. If you dont read the book in my class, you will find my exams very, very difficult. The word technology can also mean the products resulting from such efforts,: 117 including both tangible tools such as utensils or machines, and intangible ones such as software.Technology plays a critical role in science, engineering, and everyday life. All the tests count and are required, including the final. INTRODUCTION TO LAW - Law & justice, mr. brown, greenup county high school. 43 held that "no member can claim himself to be the owner of the company's property during its existence or in its winding-up". To get a C you need 70% on each of the three exams plus 70% on the online quizzes. They were countered, however, by historians of antitrust (Lamoreaux 1985; Dobbin and Dowd 2000) or incorporation law (Guinnane et al. No registration is compulsory for carrying on a business for gain by a Hindu Undivided Family even if the number of members exceeds twenty [, Dr. Avtar Singh, Company Law, Eastern Book Company, N D Kapoor, Elements of Company Law, S Chand. Clipping is a handy way to collect important slides you want to go back to later. eq: what types of courts exist and what is the role of the us, Introduction to Law - Click your mouse anywhere on the screen to advance the text in each slide. the death or insolvency of a shareholder or all of them does not affect the life of the company, whereas the death or insolvency of a partner dissolves the firm, unless otherwise provided. criminal sanctions, Types of Companies (s.14(2)) Classified according to two main ways: Liability of its members, Whether it is public or private company. (para. The privilege of limited liability for business debts is one of the principal advantages of doing business under the corporate form of organization. 0000006426 00000 n 3.A legislator may look at law as something Created by him A partner's liability is always unlimited whereas that of a shareholder may be limited either by shares or a guarantee. the creation of laws. A rubber stamp does not serve the purpose. 0000001840 00000 n Company law, also known as corporate law, is the body of law that governs the formation, operation, and dissolution of companies. A partner can dispose of the property and incur liabilities as long as he acts in the course of the firm's business. It starts by explaining more about . %%+ -dEmbedAllFonts=true -dSubsetFonts=true -dProcessColorModel=/DeviceRGB -dColorConversionStrategy=/LeaveColorUnchanged -dPreserveAnnots=true -dAutoFilterColorImages=true -dAutoFilterGrayImages=true -dAutoFilterMonoImages=true -r300 3) Pragmatic approach 2. Nauj6R! XknE|BH #, X & b8 ) -\ ) 5DI,. Of the property of its constituent members @ ^Gw & FM_d l~66 introduction to company law ppt! XknE|BH #, &... 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