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What does the nature of business mean?
When filling out a form, "nature of business" refers to the type or general category of business or commerce you are describing. For example, if you work at Microsoft, then the nature of your business is software. If you work at a restaurant, the nature of your business is food services. Other examples include retail, wholesale, manufacturing, and marketing.
What are the aims and objectives of a public limited company?
A public limited company is set up to make a company a legal person and therefore making the company liable for any loss or bankruptcy. i.e. if it goes bankrupt only the company will be chased and not those who run it. A p.l.c. issues shares which are units of ownership and these are open for the general public. Each 3/4/5 years a board of directors is elected during the AGM - Annual General Meeting. the biggest disadvantage of a p.l.c. is that if the company goes bankrupt all the shareholders will lose their money which they invested.
What is 'strike-off' in relation to company matters?
Striking-off a Company The Companies Act, empowers the Registrar of Companies to strike a company off the Register if the Registrar has reasonable cause to believe that a company is not carrying on business and the company is able to satisfy the criteria for striking off. Striking off may take place by three ways: 1) Voluntary Striking off by the Board of Directors in consultation with shareholders; 2) Striking off on the basis of petition filed by creditors and other stake holders of the company; 3) Compulsory Striking off by operation of Law. Companies which have ceased trading can submit an application for striking off provided they are able to meet the criteria for striking off. According to the criteria suggested the Business Facilitation Division, Accounting and Corporate Regulatory Authority (ACRA), Singapore dated 3rd April, 2009: 1. The company must have ceased trading or not commenced business from the date of incorporation. 2. The company must not have any outstanding tax liabilities 3. The company must not be indebted to any other government agency. 4. The company must not have any outstanding charges in the company's charge register. 5. The company must not be involved in any court proceedings (within or outside the state). 6. The director(s) must obtain the written consent of the majority of the shareholders. 7. The company must not have any current/contingent assets and liabilities. 8. The accounts attached must be drawn up till the date of cessation indicated in the application (if any). If the Company has been dormant since its incorporation, that can be a good ground for seeking striking off from the Register of the Companies. In such a case, on behalf of the company, its authorised representative is required to submit an application with a covering letter stating that the company had:- (a) No business transaction since incorporation (b) Not opened a bank accounts or the bank account has been closed (c) Not held an AGM or the statutory meeting within the stipulated period from the date of its incorporation; Striking off a company from the Register maintained by the Registrar of Companies may require permission or approval by a Court order in some Jurisdictions. In effect, Striking of implies winding up and dissolution of a company in the way prescribed by Law. Dr. KSN Sarma B.Sc, M.S. LLD 109-Star Shelters, Saidabad Colony, Hyderabad - 500059, India. 18-06-2009
What the full form of bank AGM?
AGM
Who is superior- AGM or DGM?
DGM
What is AGM and EGM in share market?
AGM- Annual General Meeting. EGM- Extraordinary General Meeting
Which airsoft gun is best cybergun Thompson agm mp40 or schmeisser mp44?
Agm mp44 by far.
What is the value of US AGM 1941?
Please post a new question with a denomination, and please explain what AGM is.
Do the public attend an agm?
no!
Should company directors attend an AGM?
Yes, all company Non-executive Directors can attend the AGM.
Is the AGM MP008 M14 made of real wood?
The AGM MP008 M14 is not made of wood although it can be possible
Will the AGM battery be expensive?
AGM batteries are more expensive. AGM batteries can be purchased by batteries plus or even eBay. You should consult with your car dealership as well, to insure you are purchasing the correct one.
What is an agm car battery?
AGM, (Absorbed Glass Matt). They resist vibration damage, can be turned upside down, and recharge very quickly. It takes a special charger to recharge them. An example of a AGM battery is the Optima & Exide Orbital batterys.
Is it AGMs or AGM's?
Assistant General Manager
How do you Charge a dead AGM battery?
To charge a dead AGM (Absorbent Glass Mat) battery, use a compatible smart charger designed for AGM batteries, as it provides the correct voltage and charging profile. Connect the charger to the battery terminals, ensuring correct polarity (positive to positive and negative to negative). Set the charger to the appropriate AGM setting, if available, and begin charging. Monitor the charging process to avoid overcharging, as AGM batteries can be sensitive to excessive voltage.
