Presentation company law

Group Name: Incandescent

Name ID No.

Rebeka Sultana Supti 12-05150

Md. Mamun 12-05139

Suvro Basak 11-04633

Md. Rukunuzzaman 11-04515

Farzana Ahmed Mukta 12-05154

Mater of discussionGenesisFormationCapital ShareDirectorsCompany Management

Definition: The Companies Act is an Act , which enabled companies to be formed by registration, and set out the responsibilities of companies their their directors and secretaries.

Companies law (or the law of business associations) is the field of law concerning companies and other business organization. This includes corporations, partnerships and other associations which usually carry on some form of economic or charitable activity.

Encouraging investment

Eliminates malpractice

Dealing with case of dishonesty & fraud

Farzana Ahmed Mukta

12-05154

Md. Rukunuzzaman

11-04515

Share Capital

Share:

Share is defined as “an interest having a money value and made up of diverse rights specified under the articles of association.”

Share capital: Share capital means the capital raised by the company by issue of shares.A share a share in the share capital of the company including the stock.Share gives a right to participate in the profits of the company or a share in the assets when the company is going to be wound up.Shareholders:

• Main features of Company Law:

• The minimum number of shareholders is 2• a company must have a capital divided into shares• It must have a memorandum and articles of association• For a company to come into existence the company must be registered at the registrar of the

companies.• A company has a separate juridical personality• Limited liability notion which is the limited liability of the shareholders• To disclose a lot of information about themselves, there are strict disclosure requirements• The applicable legislation on company law is very lengthy and can be very complex• It is relatively easy to transfer the shareholders' interest in the company to somebody else and

this ease of transferability is also regarded as an attractive feature of company law

Md. Mamun

12-05139

Directors:

Person who is in charge of any activity, department, organization.

Mode of appointment

First directorAppoint by companyAppoint by BODs etc.

Quality of directors:Enter into contact

Natural person

Requisite qualification share

Undercharged insolvent or convicted by court.

Dark sideRetirement of directorResignation of director:-Removal of director:-

•Removal by shareholder•Removal by central govt.•Removal by the company law board

Suvro Basak

11-04633

Company Management

Manager

Officer

Employees Security and providence

Dividend

Rules of dividend

Reserve

Pay in cash/ chaque

Rate of dividend

Promotion of net profit