Presentation company law
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Transcript of Presentation company law
Group Name: Incandescent
Name ID No.
Rebeka Sultana Supti 12-05150
Md. Mamun 12-05139
Suvro Basak 11-04633
Md. Rukunuzzaman 11-04515
Farzana Ahmed Mukta 12-05154
Mater of discussionGenesisFormationCapital ShareDirectorsCompany Management
Definition: The Companies Act is an Act , which enabled companies to be formed by registration, and set out the responsibilities of companies their their directors and secretaries.
Companies law (or the law of business associations) is the field of law concerning companies and other business organization. This includes corporations, partnerships and other associations which usually carry on some form of economic or charitable activity.
Encouraging investment
Eliminates malpractice
Dealing with case of dishonesty & fraud
Farzana Ahmed Mukta
12-05154
Md. Rukunuzzaman
11-04515
Share Capital
Share:
Share is defined as “an interest having a money value and made up of diverse rights specified under the articles of association.”
Share capital: Share capital means the capital raised by the company by issue of shares.A share a share in the share capital of the company including the stock.Share gives a right to participate in the profits of the company or a share in the assets when the company is going to be wound up.Shareholders:
• Main features of Company Law:
• The minimum number of shareholders is 2• a company must have a capital divided into shares• It must have a memorandum and articles of association• For a company to come into existence the company must be registered at the registrar of the
companies.• A company has a separate juridical personality• Limited liability notion which is the limited liability of the shareholders• To disclose a lot of information about themselves, there are strict disclosure requirements• The applicable legislation on company law is very lengthy and can be very complex• It is relatively easy to transfer the shareholders' interest in the company to somebody else and
this ease of transferability is also regarded as an attractive feature of company law
Md. Mamun
12-05139
Directors:
Person who is in charge of any activity, department, organization.
Mode of appointment
First directorAppoint by companyAppoint by BODs etc.
Quality of directors:Enter into contact
Natural person
Requisite qualification share
Undercharged insolvent or convicted by court.
Dark sideRetirement of directorResignation of director:-Removal of director:-
•Removal by shareholder•Removal by central govt.•Removal by the company law board
Suvro Basak
11-04633
Company Management
Manager
Officer
Employees Security and providence
Dividend
Rules of dividend
Reserve
Pay in cash/ chaque
Rate of dividend
Promotion of net profit