Best companies law summary notes

companies law The companies act, 2013 Working knowledge only at foundation level Meaning and characteristics of a company Corporate veil theory and lifting of corporate veil Classes of companies Incorporation of company Memorandum of association and articles of association Scope of new companies act 2013. 470 sections, seven schedules included in 29 chapters. Preceded by …

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bank reconciliation statement

Bank reconciliation statement In modern times, bank transactions are increased and cash transactions are decreased due to increase in volume of business, safety, and compliance of law. Bank is a financial institute established as per RBI norms doing following functions. Discount promissory notes, B/E etc Allows the facility of Bank overdraft Collects dividend and interest …

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best summary notes Depreciation Meaning  it is allocation of capital expenditure during useful life of an asset. Depreciable asset: Held for use and having useful life exceeds one year and having limited life only. Land has unlimited life hence it is a non depreciable asset. Causes/reasons for deprecation Normal wear tear(use) Efflux of time Change …

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