Slylark College of Management & Technology, Kathmandu Nepal

Slylark College of Management & Technology, Kathmandu Nepal

Company Meaning

A Presentation

on

PresenterDamodar Shrestha

(Skylark MBA)14-June-2011

Slylark College of Management & Technology, Kathmandu Nepal

Definition of Company

Company Meeting

General Meeting

Board Meeting

Presentation Overview

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Slylark College of Management & Technology, Kathmandu Nepal

Definition of Company A company is an association of

persons united for common objective. – Justice James

A Company is a legal person or entity separate from and capable of surviving beyond the lives of its members.- Evans Graff

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Slylark College of Management & Technology, Kathmandu Nepal

Definition of Company (1) “A company is an incorporated

association, which is an artificial person created by law, having a entity with perpetual succession and a common seal.” - Haney

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Slylark College of Management & Technology, Kathmandu Nepal

Company MeetingMeeting of a company is that forum

where the persons relating to company gather together and pass decision discussing the matters in respect of agenda, future plan and strategy of the Company.

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Slylark College of Management & Technology, Kathmandu Nepal

Company Meeting (1)A meeting is an assembly of a

number of persons for the purpose of discussing and acting upon some matters in which they have a common interest.

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Slylark College of Management & Technology, Kathmandu Nepal

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Meeting

General

Statutory

Annual Special

Board

Slylark College of Management & Technology, Kathmandu Nepal

General Meeting Supreme authority

Participation

Time to Time

Shareholders’ meeting

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Slylark College of Management & Technology, Kathmandu Nepal

First meeting

Obliged by law

Purpose/aim

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Statutory General Meeting

Slylark College of Management & Technology, Kathmandu Nepal

Annual General Meeting

Audited P/L A/c and B/S

Report of the BD and auditor

Dividend to be divided to the Shareholders

Appointment of BD and Auditor

Remuneration of Auditor and Director

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Slylark College of Management & Technology, Kathmandu Nepal

Board of Directors

Auditor

Shareholders

Company Registrar’s office

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Special General Meeting

Slylark College of Management & Technology, Kathmandu Nepal

Board Meeting Board meeting is the meeting of

Board of Director (BD). The BD is the executive body of the company. Ordinarily, the directors exercise theirs through resolutions passed in meeting of the board. So, a meeting of BD must be held in every company.

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Slylark College of Management & Technology, Kathmandu Nepal

Rules Regarding Board Meeting Time to call Meeting

Attendance of directors

Quorum

Decisive vote

Minute

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Slylark College of Management & Technology, Kathmandu Nepal

Thank You!!!

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Any

Querr

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