Skip to main content

Learning Point | Easy & Simple Notes

Search This Blog

Contact Us

Get link
Facebook
X
Pinterest
Email
Other Apps

Contact Us -

If you have any kind of query you can directly contact with us by dropping an Email. We will be happy to solve your query as soon as possible.

Email - learningpoint692@gmail.com

Get link
Facebook
X
Pinterest
Email
Other Apps

Comments

Post a Comment

Home
About Us
Contact Us
Privacy Policy

Popular Posts

What are Mutual Funds ?

Hello Friends, today's blog is going to be educational and related to your personal finance. In this blog, I will educate you regarding mutual funds. What is mutual funds? How to invest in it? Basically all the important information regarding it, being a common man or a beginner investor, all the information you will get in this blog. Let's Start All About Mutual Funds A mutual fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds or other securities. It is managed by professional fund managers who make investment decisions on behalf of the investors. Mutual funds can be categorized based on the types of assets they invest in, such as stock, bonds, or a combination of both. They can also be categorized based on their investment objectives, such as growth, income, or balanced. Investors in mutual funds typically buy shares of the fund, and the value of their investment is determined by the performance of the

What is corporate veil ? When can it be lifted.

What is Corporate Veil ? As per Doctrine of Corporate Veil, there is a veil or a curtain between the company, being a separate legal entity, and its members. A company is not a living body hence the member work on behalf of the company behind the veil. If anything goes wrong in the company or if the company suffers any liability, members may take the protection of this doctrine pleading that they are not empowered to look inside the curtain raised by the company. So, In this case there is veil between shareholders/members and company. In simple terms it is known as corporate veil. CASE : Salomon Vs. Salomon and Co.Ltd The verdict in the case of "Salomon Vs. Salomon and Co. Ltd." is an important illustration of the separate legal entity of a company. In this case, Salomon was a trader in shoes who formed a company which named Salomon and Co. of which he, his wife, daughter and four sons were the members. He sold his business to the company for $30,000 in consideration of whic

Memorandum of Association in Company Law

What is actually memorandum? A memorandum is a type of message or document used for communication within an organization. It is like a reminder or formal memorandum sent to colleagues or employees. Often used to share important information or updates. What is memorandum of association? Memorandum of association of a company is a legal document that sets out the objective about a company. ( This includes details like company's name, objectives, registered office address, and the type of business it will conduct ). It is an important document when starting a company and must be filed with the Registrar in order to secure the company's registration. According to Lord Macmillian, " The purpose of the memorandum is to enable, shareholders, creditors and those who deal with the company to know what is its permitted range of enterprise." Importance of memorandum of association within an organization ! The memorandum of association is very important within an organization b

Powered by Blogger