Accounting and Taxation
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Home > Setting up of Business and Closure-I

Setting up of Business and Closure-I [1]

Paper Code: 
BCS 215
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire expert knowledge of the practical and procedural aspects of Setting up of Business and its closure.

9.00

Choice of Business Organization: Key features of various structures and issues in choosing between business structures including identification of location; tax implications etc.

Company : Private Company; Public Company; One Person Company; Nidhi Company; Producer Company; Foreign Company.

9.00

Charter documents of Companies : Memorandum of Association and Articles of Association; Doctrine of ultra-vires; Doctrine of indoor management; Doctrine of constructive notice; Incorporation Contracts; Alteration in MOA & AOA- Change of name; registered office address; objects clause; alteration in share capital and alteration in articles of association.

9.00

Legal status of Registered Companies : Small Company; Holding Company; Subsidiary Company & Associate Company; Inactive Company; Dormant Company; Government Company.

Limited Liability Partnership : Concept of LLP; Formation and Registration; LLP Agreement; Alteration in LLP Agreement; Annual and Event Based Compliances.

9.00

Other forms of business organizations: Partnership; Hindu Undivided Family; Sole Proprietorship; Multi State Co-operative Society; Formation; Partnership Agreement and its registration.

Institutions Not For Profit &NGOs: Section 8 Company; Trust and Society- Formation and Registration.

Financial Services Organization: NBFCs; Housing Finance Company; Asset Reconstruction Company; Micro Finance Institutions, Nidhi companies, payment banks, Registration.

9.00

Joint Ventures; Special Purpose Vehicles : Purpose and Process.

Setting up of Business outside India: Issues in choosing location; Structure and the processes involved.

Conversion of existing business entity: Conversion of private company into public company and vice versa; Conversion of Section 8 company into other kind of Company; Conversion of Company into LLP and vice versa; Conversion of OPC to other type of company and vice versa; Company authorized to be registered under the Act (Part XXI Companies); and other types of conversion.

References: 

1. Study Material Published by ICSI

2. Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)

Academic Year: 
2019-2020 [2]

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Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/setting-business-and-closure-i

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/setting-business-and-closure-i
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2019-2020