Company Act Nepal

  • Nepal Banda

    Nepal was formed in 1985 by Beto Vázquez and Javier Bagala. Later on Claudio "Larry" Zavala joined. The band participated in some metal festivals performing a new music style called "Power Black Metal". In July 1988, Nepal recorded their first demo at Cosmos Studios "Aquellos Bastardos". It was released as cassette, in a split with the band Dr. Jekyll. The demo reached number one in Argentine charts for the category "Most Important National Demos". With this, they obtained more publicity in radios

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  • Nepal

    Least developed countries: Nepal Reforms in 1990 established a multiparty democracy within the framework of a constitutional monarchy. An insurgency led by Maoist extremists broke out in 1996. The ensuing 10-year civil war between insurgents and government forces witnessed the dissolution of the cabinet and parliament and assumption of absolute power by the king. Several weeks of mass protests in April 2006 were followed by several months of peace negotiations between the Maoists and government

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  • Companies Act of 1956

    Compulsory registration under the Companies Act Pursuant to section 11(2) of the Companies Act, 1956, where more than twenty persons jointly desire to carry on any business (Ten person in case of banking company) with the object of acquisition of gain, they can go about to pursue that objective only if they form a company and get it registered under the provisions of the Act. What is a company? Company is a voluntary association of persons formed for the purpose of doing business having a distinct

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  • Population Distribution of Nepal

    Sparsely populated places tend to be difficult places to live. These are usually places with hostile environments e.g. Antarctica. Places which are densely populated are habitable environments e.g. Europe. If we look at the population distribution of Nepal, we find that the population is not equally distributed in all parts of the country. The distribution of the population is unequal due to the diversity in land structure, climate, soil and available natural resources and means. More population is concentrated

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  • Company Act

    COMPANY ACT 1965 It was mention in paragraph one that both Encik Zayed and Puan Hashimah does not familiar with provision of company act 1965 and the duties their roles and duties as Company Directors. According to section 122 (1) every company shall have at least two directors, who each has his principal or only place of residence within Malaysia. So they follow the provision of section 122(1) which is mention about at least 2 directors and both of them are the directors of the company. For their

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  • Weird Worriers of Nepal

    Weird Worriers of Nepal While attending seminars and conferences as a guest of my friend Arun (a doctor) and another friend Krishna (a reporter) in Nepal during my vacation at star hotels or posh resorts in and around Kathmandu, people I mingled with included the national and international luminaries with thick resume and great influence in the government. They often talked about making Nepal a better place to live. By listening to them, any unsuspecting person would think that they were the

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  • New Social Movements in Nepal

    Movements In Nepal Introduction Nepal has undergone three major movements during and after the end of the hundred years of Rana Oligarchy in 1950, 1990 and 2006. These movements did not only change the political power, but also substantively affected the structure of the prevalent Nepalese society. Hereupon, ethnic, Dalit, women and Madesh movement with the demand of identity and inclusion have been reaching their peak in these recent years. We can analyze all these movements of Nepal under the

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  • Unilever Nepal Financial Analysis

    at applying theory into practice. The annual report project in the first term of our accounting course in MBA is assigned to us to make us learn everything we can about one company using its annual report, the internet, the press, stock market and contract with company officials. Thus, this annual report project on Unilever Nepal Limited (UNL) is prepared as a part of learning practical applicability of accounting processes. Objectives of the report Every report has objectives. It is on the basis

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  • Insolvency Proceeding in Nepal

    Proceeding in Nepal – A case of Nepal Development Bank (NDB) The day when court orders for liquidation of a company, it is the most miserable day for it. But such a harsh decision is taken only after deep investigation of the case. All the possible methods are adopted to protect the company before the decision of dissolution is taken. Like in other countries, Nepal’s Insolvency Act 2006 also emphasizes to protect the company from liquidation. We have taken a real liquidation case of Nepal Development

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  • Companies Act 2013

    2013/Bhadrapada 8, 1935 (Saka). The following Act of Parliament received the assent of the President on the 29th August, 2013, and is hereby published for general information:— THE COMPANIES ACT, 2013 (NO. 18 OF 2013) [29th August, 2013.] An Act to consolidate and amend the law relating to companies. BE it enacted by Parliament in the Sixty-fourth Year of the Republic of India as follows:— CHAPTER I PRELIMINARY 1. (1) This Act may be called the Companies Act, 2013. (2) It extends to the whole of

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  • Advertisements in Nepal

    any kind that tell us about the origin and history of Nepali advertisements. The earliest form of advertising may thus be taken as the trumpet blowing tradition of kings and maharajas to disperse royal messages. The advent of Mass Communication in Nepal can be said to have been through such official proclamations, which were usually accompanied by the use of musical instruments like drums or trumpets. The age-old oral tradition of promotion by vendors selling their wares in the market can also be

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  • Bilateral Relations Nepal and Colombia

    Bilateral Relations (Nepal-Colombia) Diplomatic Relations The relations between the Republic of Colombia and Nepal are based on mutual friendship, confidence and goodwill since the establishment of diplomatic relations on May 7, 1987. The Nepalese Ambassador to the United States of America resident in Washington D.C. is accredited to the Republic of Colombia and the Colombian Ambassador to the Republic of India resident in New Delhi is accredited to Nepal. As a developing country and an active

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  • Literature Review on Remittance - Nepal

    Literature Review on Remittance - Nepal Introduction Remittances are funds transferred from migrants to their home country. They are the private savings of workers and families that are spent in the home country for food, clothing and other expenditures, and which drive the home economy. For many developing nations, remittances from citizens working abroad provide an import source of much-needed funds. In some cases, funds from remittances exceed aide sent from the developed world, and are

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  • A Critical Examination of the Impact of Section 172 of the Companies Act 2006

    A Critical Examination of the Impact of Section 172 of the Companies Act 2006 There has been a plethora of debate surrounding the approach to directorial decision making in the scheme of corporate governance. A divergence has emerged between numerous schools of thought as to whose interests the directors are to consider in conducting the company’s management. The approach under English law is codified under section 172 Companies Act 2006 (‘CA 2006’) which professes an ‘enlightened shareholder

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  • Nepal

    My country Nepal My country Nepal is surrounding by two countries. China lies in the east side and west, north and south is cover by India. It is in the northern hemisphere. It has three geographical zones. Himalayan, Mountainous and tarai. We have monsoon climate. It is very cold and dry in winter and hot, stormy and rainy in summer. It is rich in natural beauty and resources. It has long and wide rivers like koshi, Gandaki, and Karnali. We have large lakes like Rupa, Begnas, and

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  • Right to Information in Nepal

    (ICCPR). Fifty six countries in the world have already enacted acts providing right to information including countries from North America, most of the Europe, Colombia, Peru, South Africa, India, Austria and New Zealand. Over 25 countries have initiated the process to enact the Right to Information law most of which are from South America, East Africa, South East Asian, some from Russian federation. In the US, the Right to Information Act of 1966 was amended in 1974 after the 'Watergate' scandal. It

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  • Maoist Insurgency and Peace Process in Nepal

    Past Maoist Insurgency and Peace Process Introduction 1. By and large, Nepal remained a peaceful kingdom for more than two centuries. The country witnessed armed revolution twice by the Nepali Congress in between 1950 and early 1960s. The first succeed it throwing out the Rana regime that ruled the kingdom for 194 years, while the other did not. Maoist people’s war was third in sequence that necessitated a peace process. Basically, a Peace process can be understood as a social phenomenon, which

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  • Housing Report Market Survey in Nepal

    et.al, 2011). Housing companies may contribute significantly in employment generation and in developing land and housing in the country. In addition, it may contribute through the consumption of building materials. Moreover, it is a sector associated with fulfillment of basic needs of people. Housing in the context of Nepal In the case of Nepal, investment in housing exceeds more than investment in other sectors. At present there are two types of housing prevalent in Nepal. One is owner based system

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  • Accountability and Transparency of Governmnet Sectors of Nepal

    dissatisfaction towards the organization and its services. World Bank ranks Nepal at 3 in the Country Policy and Institutional Assessment (CPIA) transparency, accountability and corruption in the public sector rating (1=low to 6= high). The main dimensions for rating are accountability of executive to oversight institutions and of public employees for their performance and access of civil society to information on public affairs. Similarly, Nepal ranks with the score of 44 out of 100 in global budget transparency

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  • Arbitration in Nepal

    Dispute Resolution: Arbitration Law in Nepal Anamol Bisht Kathmandu University School of Management In an event of the breach of any contract, legal remedy should be provided to the parties that are involved in the agreement. However, instead of going directly to the court of law, there are specific remedies that serve as an alternative dispute resolution and one such alternative is arbitration. In arbitration, an arbitrator (a neutral third party or experts) renders a decision based on the disputes

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  • Charges Under Companies Act, 2013

    Charges under Companies Act, 2013 What is a Charge? A charge is a right created by any person including a company referred to as “the borrower” on its assets and properties, present and future, in favor of a financial institution or a bank, referred to as “the lender”, which has agreed to extend financial assistance Section 2(16) of the companies act, 2013 defines charges so as to mean an interest or lien created on the property or assets of a company or any of its undertakings or both as security

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  • Trekking in Nepal

    influencing trekking and mountaineering in Nepal Project report 2014 Ravi Adhikari(s0246050) CQU 9/18/2014 Contents 1.1Problem statement 3 1.2Research questions: 3 2.1Literature review 4 2.1.1Nepal: 4 2.1.2Trekking in Nepal 5 2.1.3Trekking impacts 5 2.1.4Factors influencing trekking 6 2.2Methodology 6 2.2.1. Desk research: 7 2.2.2 7 2.3.0 Limitations of the study 7 2.4 Discussion and findings 8 2.4.1Main areas for trekking in Nepal 8 2.4.2 Benefits received from trekking

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  • Trekking in Nepal

    Trekking in Nepal Where is Nepal? Nepal is found in Asia and you can visit Google wikitravel Nepal for more information. Nepal is naturally endowed with summits, which are reachable when trekking. As such, Nepal is most popular as a destination for adventure holidays. When walking along the busy streets of Kathmandu, you will certainly meet visitors from all over the worlds. These streets are also known to have the most tours and travel companies. Besides, trekking in Nepal offers you the opportunity

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • Bottlers Nepal Limited

    Environmental Analysis of Bottlers Nepal Limited (Coca-Cola) Aishwarya Pradhan BUS 510: Marketing Management 14th September, 2015 Dr. Geraldine Goodstone Bottlers Nepal Limited (BNL) is the only bottler of Coca-Cola products in Nepal which is promoted by Khetan Group, one of the leading business organizations. It was at first imported from India, but in 1979 the local production of Coca-Cola started. It is one of the largest non- alcoholic beverage producers in Nepal and has two bottling plants

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • Managerial Accounting in Nepal

    Management accounting in Nepalese perspective The history of account keeping in Nepal by the government is very old. Mandev, the first king of Nepal in Lichhavi period, had circulated the first coin called "Mananka" during the period 464-491 A.D. similarly, King Mahendra Malla had circulated the coin named "Mahendra Malla" in the Malla period. This seems to be the main step to record the nation transactions in a proper way and manner. It is said that a small

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY To purchase this visit following link: http://www.activitymode.com/product/act-300-module-5-the-case-of-sams-company/ Contact us at: HELP@COURSEHOMEWORK.COM ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors,

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  • Act 300 Module 6 the Smith Company Case

    ACT 300 MODULE 6 THE SMITH COMPANY CASE To purchase this visit following link: http://www.activitymode.com/product/act-300-module-6-the-smith-company-case/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACT 300 MODULE 6 THE SMITH COMPANY CASE The following was taken from the records of Smith Company in the year ending December 31, 2014. Journalize the following transactions in an Excel spreadsheet for year-end 2014 using the aging method. Assume that the allowance for doubtful accounts has a beginning

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • The Most Important Fiduciary Duty Is the Duty of Loyalty. the Concept Is Simple: the Decision Makers Within the Company Should Act in the Interests of the Company, and Not in Their Own Interests. the Easiest Way to

    principal fiduciary duties of boards of directors. I will speak mostly from a common law perspective. Fiduciary duties of directors were first elaborated by common law judges, operating without any guidance from the formal written law. Indeed, the company laws of the United States, and many other common law jurisdictions, contain no statement at all of the core fiduciary duties of care and loyalty. The fiduciary duties of directors are continuing to evolve, again without formal written law. The

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  • Dabur Nepal Financial Report

    Dabur Nepal Pvt. Limited Audited Balance Sheet and Profit & Loss Accounts for the year ended 31st March, 2006 DABUR NEPAL PVT. LIMITED 19 ANNUAL REPORT 2005-06 Contents Page Director’s Report 1 Auditor’s Report 5 Balance Sheet 8 Profit & Loss Account 9 Schedules 10 Accounting Policies & Notes to Accounts 14 Statement of Cash Flow 18 DABUR NEPAL PVT. LIMITED 20 ANNUAL REPORT 2005-06 DIRECTORS’ REPORT To The Members of Dabur Nepal Pvt. Limited, This report presented by your Directors

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  • Explain the Legal and Regulatory Influences on Financial Statements Preparation Like Companies Act Etc.

    of Contents Table of Contents Executive summary 6 Introduction 7 1.1. Describe the different users of financial statements and their needs 8 1.2. Explain the legal and regulatory influences on financial statements preparation like Companies Act etc. 10 1.4. How different laws/regulations are dealt with by accounting and reporting standards 12 1.3. Assess the implications for users of financial statements 16 4.1. Calculate accounting ratios to assess the performance and position of

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  • The Logistical Barriers Into Aid Relief - Nepal

    A critical investigation into the issues faced by logistical managers in getting aid to disaster areas Natural disasters are a fact of life for many areas around the world, for example last year alone there were earthquakes in both Nepal and Afghanistan that have broken 7 on the Richter scale, allowing them to be characterised as Major Earthquakes. Generally, features of such an earthquake are shown by by damage to most buildings, potentially, resulting in either partial of complete collapse, often

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 Module 5 The Case of Sam’s Company Click Link Below To Buy: http://hwcampus.com/shop/act-300/act-300-module-5-the-case-of-sams-company/ Or Visit www.hwcampus.com For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees, Company, and Bank). All five transactions that

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  • Act 300 Module 6 the Smith Company Case

    ACT 300 MODULE 6 THE SMITH COMPANY CASE To purchase this tutorial visit here: http://mindsblow.us/question_des/ACT300MODULE6THESMITHCOMPANYCASE/2750 contact us at: help@mindblows.us ACT 300 MODULE 6 THE SMITH COMPANY CASE The following was taken from the records of Smith Company in the year ending December 31, 2014. Journalize the following transactions in an Excel spreadsheet for year-end 2014 using the aging method. Assume that the allowance for doubtful accounts has a beginning credit balance

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY To purchase this tutorial visit here: http://mindsblow.us/question_des/ACT300MODULE5THECASEOFSAMSCOMPANY/2749 contact us at: help@mindblows.us ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers, Employees

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  • Monitoring Employee Performance in Nepal

    improving communications among the stakeholders. However, many are even yet to ensure effective implementation of the basics of employee performance management, largely due to lack of proper understanding. Proshore is Nepal based European multinational information-technology company which according to its website ‘is all about new media’. With its mission statement being ‘to enable the accomplishment of online visions’, it is also in the forefront in terms of recruiting best of human resources available

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  • Surya Nepal

    I received throughout this period without which the project couldn’t have been completed. I express my gratitude to Surya Nepal Pvt. Ltd for giving me an opportunity to be a part of it. I express my gratitude to Mr. Debashis Hait, HR. Head of Surya Nepal Pvt. Ltd for providing me the opportunity to work in the company’s cigarette manufacturing plant in Seratar, Tanahu, Nepal. I would like to thank my project mentor Mr. Dipesh Man Shrestha, HR Manager of Seratar factory and SIBM-Pune graduate for

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  • Act 300 Module 6 the Smith Company Case

    ACT 300 MODULE 6 THE SMITH COMPANY CASE TO purchase this tutorial visit following link: http://wiseamerican.us/product/act-300-module-6-smith-company-case/ Contact us at: SUPPORT@WISEAMERICAN.US ACT 300 MODULE 6 THE SMITH COMPANY CASE The following was taken from the records of Smith Company in the year ending December 31, 2014. Journalize the following transactions in an Excel spreadsheet for year-end 2014 using the aging method. Assume that the allowance for doubtful accounts has a beginning

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  • Act 300 Module 5 the Case of Sam’s Company

    ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY TO purchase this tutorial visit following link: http://wiseamerican.us/product/act-300-module-5-case-sams-company/ Contact us at: SUPPORT@WISEAMERICAN.US ACT 300 MODULE 5 THE CASE OF SAM’S COMPANY For 1/1/2015: Go to home, then select chart of accounts, and then select opening equity and title equity as EQUITY. Deposit $150,000 to the CDE Bank Account (Quick add: Other). Select “Banking Section” from the icons on the screen (i.e., Vendors, Customers

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  • Corporate Law - Discuss Briefly the Provisions of the Companies Act in Regard to the Appointment of and Removal Directors.

    of the cheques? 5. “Every shareholder of a company is also known as a member; while every member may not be known as a shareholder.” Comment. 6. Discuss briefly the provisions of the Companies Act in regard to the appointment of and removal directors. 7. “A contract caused by mistake is void.” Discuss fully the statement. 8. Discuss the legal aspects of ‘liability of an agent for acts of sub-agent.’ 9. What companies may dispense with the use of the word ‘Limited’ as

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  • Corporate Law - Discuss Briefly the Provisions of the Companies Act in Regard to the Appointment of and Removal Directors

    of the cheques? 5. “Every shareholder of a company is also known as a member; while every member may not be known as a shareholder.” Comment. 6. Discuss briefly the provisions of the Companies Act in regard to the appointment of and removal directors. 7. “A contract caused by mistake is void.” Discuss fully the statement. 8. Discuss the legal aspects of ‘liability of an agent for acts of sub-agent.’ 9. What companies may dispense with the use of the word ‘Limited’ as

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  • Audit Mgmt - State the Provisions of the Companies Act 1956 Regarding the Declaration and Payment of Dividend

    advantages and disadvantages of routine checking. Discuss the duties of an auditor in this regard. 3. Is it absolutely necessary that depreciation should be provided for before profits are distributed as dividend? What are the provisions of the Companies Act, 1956 regarding the quantum of depreciation to be provided for in the annual accounts? 4. An enterprise purchases an item of machinery on 1.4.2002 for Rs. 1,00,000. It depreciates this item at the rate of 10 % per annum on straight-line basis

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  • Nepal Television

    of Business IVorking Paper IS-86-109 -15- management decisions. The microcomputer contains the login requirements and reporting formats for 8 0 to 100 different banks. Early in the morning, it automatically dials banks with whom a company does business and retrieves the firm's balances, placing them in a spreadsheet for analysis. The treasurer can then use the investment/debt module to decide on investments or borrowings. He or she can also connect to the money-center bank and

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  • Growth and Performance of Security Market in Nepal

    Growth and Performance of Securities Market in Nepal Jas Bahadur Gurung* ABSTRACT Securities Board, Nepal, an apex regulator and facilitator of capital market, and Nepal Stock Exchange Ltd., only a single stock market, are the main constituents of securities market in Nepal. This paper attempts to study the growth trend and analyze the performance of Nepalese securities market. Likewise, the variables such as number of listed and traded companies and their securities, number of transactions, trading

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  • Company Act Nepal

    THE COMPANIES ACT, 2063 (2006) Date of Authentication: 2063.7.17.6 7 kartik 2063 ( 3 November 2006) 1. The Act Amending Some Nepal Acts, 2064 2064.5.9 (26 August 2007) ACT NO. 18 OF THE YEAR 2063 (2006) An Act made to amend and consolidate the law relating to companies Preamble: Whereas, it is expedient to amend and consolidate the law relating to companies in order to bring about dynamism in the economic development of the country by promoting investment in the industry, trade and

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  • Companies Act

    THE COMPANIES ACT, 1956 DEFINITION AND NATURE OF A COMPANY Learning Objectives At the end of this chapter, you will be able to • Identify the meaning and nature of a company • Identify the important characteristics of a company Introduction Today, we will begin with the Companies Act that was passed in 1956. In the lecture of today we will discuss the meaning and nature of a company. Do you know what do we mean by company? In simple words, a company can be defined as a group of persons

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