company meaning
TRANSCRIPT
Slylark College of Management & Technology, Kathmandu Nepal
Company Meaning
A Presentation
on
PresenterDamodar Shrestha
(Skylark MBA)14-June-2011
Slylark College of Management & Technology, Kathmandu Nepal
Definition of Company
Company Meeting
General Meeting
Board Meeting
Presentation Overview
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Slylark College of Management & Technology, Kathmandu Nepal
Definition of Company A company is an association of
persons united for common objective. – Justice James
A Company is a legal person or entity separate from and capable of surviving beyond the lives of its members.- Evans Graff
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Slylark College of Management & Technology, Kathmandu Nepal
Definition of Company (1) “A company is an incorporated
association, which is an artificial person created by law, having a entity with perpetual succession and a common seal.” - Haney
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Slylark College of Management & Technology, Kathmandu Nepal
Company MeetingMeeting of a company is that forum
where the persons relating to company gather together and pass decision discussing the matters in respect of agenda, future plan and strategy of the Company.
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Slylark College of Management & Technology, Kathmandu Nepal
Company Meeting (1)A meeting is an assembly of a
number of persons for the purpose of discussing and acting upon some matters in which they have a common interest.
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Slylark College of Management & Technology, Kathmandu Nepal
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Meeting
General
Statutory
Annual Special
Board
Slylark College of Management & Technology, Kathmandu Nepal
General Meeting Supreme authority
Participation
Time to Time
Shareholders’ meeting
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Slylark College of Management & Technology, Kathmandu Nepal
First meeting
Obliged by law
Purpose/aim
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Statutory General Meeting
Slylark College of Management & Technology, Kathmandu Nepal
Annual General Meeting
Audited P/L A/c and B/S
Report of the BD and auditor
Dividend to be divided to the Shareholders
Appointment of BD and Auditor
Remuneration of Auditor and Director
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Slylark College of Management & Technology, Kathmandu Nepal
Board of Directors
Auditor
Shareholders
Company Registrar’s office
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Special General Meeting
Slylark College of Management & Technology, Kathmandu Nepal
Board Meeting Board meeting is the meeting of
Board of Director (BD). The BD is the executive body of the company. Ordinarily, the directors exercise theirs through resolutions passed in meeting of the board. So, a meeting of BD must be held in every company.
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Slylark College of Management & Technology, Kathmandu Nepal
Rules Regarding Board Meeting Time to call Meeting
Attendance of directors
Quorum
Decisive vote
Minute
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