commerce baba

 Meaning:          'Company' means a company incorporated     under  companies Act,2013  or  under  any   of      the previous    laws    relating           to companies.    Company get money from issuing shares and  debentures. There are two types of shares (1) Equity shares (2) preference shares

 How do Demat shares operate?    To understand The term 'depository' here, let us go back to the times when shares used to be held in physical form by the shareholders and the evidence that a particular person was a shareholder in a particular company in which he/ she had invested, could be proved only by the fact that the said person had the share certificates of the company. With the advent of time, the companies dematerialised their shares by converting them into electronic form and thus, now-a-days if you wish to invest in the shares of a company, you can do so by opening a Demat account and so the shares get transferred to you. In this situation, you are the beneficial owner of the shares of the company in which you have invested. The physical shares are still issued by the Company and transferred to intermediary institutions (like NSDL and CDSL in India) who store and secure the shares for the company and the investor and maintains an account for their securities. These i

  Meaning: A preference share is a share which fulfils the following two conditions: 1. It carries preferential right in respect of          payment of dividend; and 2. It also carries preferential right in regard      to repayment of capital. In simple terms,        preference share capital must have                  priority both regards to dividend as well        as capital.

 How to Improve Quality of   life? 1. Meditate 2. Set goals 3. Read daily 4. Judge less 5. Eat healthy 6. Love yourself 7. Wake up early 8. Start a journal  9. Quit a bad habit 10. Ask for feedback 11. Learn a new skill 12. Believe in yourself 13. Start a new routine 14. Plan a new strategy 15. Learn how to invest 16. Don't make excuses 17. Stop procrastinating 18. Review your finance 19. Focus on the positive 20. Change your attitude 21. Learn a new language 22. Question your purpose 23. Focus one day at a time 24. Don't compare yourself 25. Automate and delegate 26. Acknowledge your flaws  27. Identify your blind spots 28. Leave your comfort zone  29. Change your social circle 30. See failure as opportunity 31. Follow an exercise routine 32. Make a business bucket list 33. Start being more organized  34. Quit things that aren't working 35. Write a letter to your future self  36. Watch educational videos instead

MEMORANDUM OF ASSOCIATION               The    Memorandum of Association of company    is  in  fact its charter; it defines its constitution  and the scope of  the  powers of the      company     with  which  it  has     been established under  the  Act.  It     is    the  very foundation on  which  the  whole  base of the company is built. Contents of memorandum: Section 4 of the Companies Act provides that the memorandum of association of every company must contain the following clauses: 1. Name Clause 2. Situation or Registered Office Clause 3. Objects Clause 4. Liability Clause 5. Capital Clause (only in the case of a company having a share capital) 6. Association Clause/Subscription Clause 7. Succession Clause (only in the case of OPC)

 As per Section 406, a company which has been incorporated as a nidhi with the object of cultivating the habit of thrift (cost cutting) and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefits and which complies with such rules as are prescribed by the Central Government for regulation of such class of companies. Conversion of a P into a Public Compar 1. Pass special resolu of its articles the three