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I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)
1 4568Can a Chairman of the Board be removed from the chair by the Managing Director And other Directors of the Company during the Course of the Board Meeting.
3 5907What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??
1 11039what is LIFO method & procedure ? How you can calculate it ? What is Fund flow ? & what is Cashflow method ? whais is the use fund flow & cash flow in company?
2 5295A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.
1 3775Post New CompanyAffairs CS Questions
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
Does any one attented HSBC audit compliance test? Please let me know asap. suraj
how to solve the problem of sechdule date problem in sap proframme.
Treatment of Government grant and its utilization in P
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
sir i want aao lic exam model question paper
what is the abrevation for JJ in form jj
STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:
I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?
Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?
what is mean by tax holiday?
I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....
In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
why your choseing bank of america
