Saturday, May 23, 2020
Company is an association - Free Essay Example
Sample details Pages: 22 Words: 6708 Downloads: 6 Date added: 2017/06/26 Category Law Essay Type Research paper Did you like this example?  A company is an association of a number of persons, formed for some common purpose and registered according to the law relating to companies. Section 3(1)(i) of the Companies Act, 1956 states that a company means, a company formed and registered under this Act or an existing company. According to Lord Justice Lindley, By a company is meant an association of many persons who contribute money or moneys worth to a common stock and employ it for a common purpose. Don’t waste time! Our writers will create an original "Company is an association" essay for you Create order The common stock so contributed is denoted in money and is the capital of the company. The person who contribute it or to whom it belongs are members. The proportion of capital to which each member is entitled is his share. A company, formed and registered under the Company Act, is regarded by law as a single person, having specified rights and obligations. The law confers on a company a distinct legal personality, with perpetual succession and a common seal. Objective of this paper The objective of this paper is to grasp, assimilate and comprehend the application of the Corporate Business Law being practiced and its impact on day to day operations of the Business in respect of the Contract act. In this paper we will discuss how to start a new public bank limited company hypothetically specifying its name, registration procedure in detail, the objectives, and legal formalities of the forming a company. According to the nature of the business, we will also have to make an offer and enter into different contracts with any 2 other groups  through invitation following all the essential elements as stipulated under the contract act 1872. The Essential steps for the formation of a company Before a company can be formed the following steps must be taken: The Memo and the Article must be prepared. These two documents must be filed when the application is made for the registration and incorporation of the company. The Companies Act lays down rules regarding the preparation of the memorandum. Schedule I to the Act of 1956 contains four model forms for use in different cases. If it is proposed to have a paid up capital of more than Rs 3 crores, sanction of the central Government must be obtained under the capital issue (Control) Act, 1956. If the company to be formed intends to participate in an industry which is included in the scheduled annexed to the industries (Development and Regulation) Act, 1951, a license must be obtained under the Act. The company must be registered in accordance with the provision of the companies Act , 1956 and a certificate of incorporation must be obtained. The prospectus or the statement in lieu of prospectus must be issued and registered with the registrar. The minimum subscription must be raised and therefore the allotment of shares must be made. The certificate for the commencement of business must be obtained from the Registrar. Procedure of Registration For the registration of a company, the following documents, together with the necessary fees, must be submitted to the registrar of companies of the state in which the registered office of the company will be situated-Sec 33. 1. Memorandum of Association, prepared in accordance with provision of the Companies Act, and signed by the least 7 persons in the case of public companies and 2 persons in the case of private companies. 2. The Articles of Association, in case of unlimited companies, companies limited by guarantee and private companies limited by shares. 3. A declaration by any of the following persons, stating that all the requirements of the act have been compiled with an advocate, an attorney a pleader, a chartered accountant, or a person named in the articles as director, manager, or secretary of the company. 4. The duly signed list of persons have consented to be directors of the company, their consent in writing and the s igned agreement with every such director to take the number of shares required to qualify as directors of the company. These are not required in the case of private companies and the companies not having a share capital. 5. The registration fees of a company is fixed on the graduated scale on the amount of nominal capital or the number of members. There is also a filing fee per document. If the Registrar is satisfied that all the required documents of the act have been compiled with, he will register the company and issue a certificate called the Certificate of Incorporation. Formation Of Company Formation of company Alternate Power Generation Power supply generation system For the forming a company for Alternate Power Generation Power supply generation system following documents has to submit to Magistrate of Company. * Name of the company 1. RATAB Alternate Power Generation LTD 2. RATAB LTD 3. RATAB India LTD 4. RATAB Gandhi LTD 5. RATAB Bharat LTD 6. RATAB Nehru LTD * Memorandum Of Association * Article Of Association  · Form 1A FORM NO. 1A Registration No. of Company 123456.                          Nominal Capital : Rs. 100 Crore. THE COMPANIES ACT, 1956 Declaration of compliance with the requirements of the Companies Act, 1956 on application for registration of a company [Pursuant to section 33(2)] Name of Company             RATAB Alternate Power Generation Limited Presented by ..Mr. Santosh Kumar, Mr. Adish Jain, Mr. Rakesh Verma, Mr. Vipul Verma I, Âà ‚                                            of                                                      do solemnly and sincerely Declare that I am Santosh Kumar             who is engaged in the formation of the company, or a person Named in the articles as a director/manager/secretary of the Limited/Private Limited. And that all the requirements of the Companies Act, 1956, and the rules there under in respect of matters precedent to the registration of the said company and incidental thereto have been complied with. And make this solemn declaration conscientiously believing the same to be true. Date 4/12/2009 Place Phagwara                                               Ã⠀šÃ‚                                                                      Signature Witness Designation 1. An advocate of the Supreme Court of the . High Court, an attorney or a pleader entitled to appear before the High Court or a chartered accountant practising in India. 2. State whether director, manager / secretary /advocate/ chartered account.         Memorandum of Association                                 RATAB Alternate Power Generation LIMITED                                 (PUBLIC COMPANY LIMITED BY SHARES)                                        (As Amended up to November 2009) Name Clause: Company is registered by name RATAB Alternate Power Generation LTD Registered office Clause: Company Registered office is at Model Town, Phagwara Object Clause: Main objects: Manufacturing Alternate Power Generation system Area of operation: Punjab, Haryana, Jammu and Kashmir, New Delhi, Himachal Pradesh Liability Clause: Limited by Share Capital Clause: Rs 100,00,00,000(Rupees One Hundred Crore Only.) Association Clause: We, the several person whose name ,address are subscribed are desirous of being formed a company in pursuance of this Memorandum Of Association and we respectively agrees to take number of shares in the capital of the company set opposite our respective names.                            Signed                                                               Witnessed Mr. Santosh Kumar                                                          Mr. S.P. Jain Mr. Adish Jain                                                                  Mr. V.K. Kumar Mr. Rakesh Verma                                                           Mr. B.D. Singh Mr. Vipul Verma                                                               Mr. S.U. Jain Mr. Bhhupinder Singh                                                      Mr. S.K. Arora Mr. Ravinder Singh                                                          Mr. V.S. Abrol                    ARTICLES OF ASSOCIATION                                 RATAB Alternate Power Generation LIMITED                               (PUBLIC COMPANY LIMITED BY SHARES)                                        (As Amended up to November 2009) ARTICLE 1 In the interpretation of these Articles, the following expressions shall have the following meanings, unless there be in the subject or context anything inconsistent or repugnant thereto: The Act or the said Act The Act or the said Act means The Companies Act, 1956, as amended from time to time. The Articles means these Articles of Association as originally framed and as amended from time to time. The Board or the Board of Directors means a meeting of the Directors duly called and constituted or as the case may be, the Directors assembled at a Board, or the requisite number of Directors entitled to pass a circular resolution in accordance with the Act. Capital means the Share Capital for the time being raised or authorised to be raised for the purpose of the Company. The Chairman means the Chairman of the Board of Directors for the time being of the Company. Company or This Company means RATAB Alternate Power Generation   Limited. Directors means the Directors for the time being of the Company and includes persons occupying the position of directors by whatever name called or as the case may be, Directors assembled at a Board Meeting. Dividend includes bonus shares. Executor or Administrator means a person who has obtained probate or letters of Administration, as the case may be, from some competent court. Words imparting masculine gender shall be deemed to include the feminine gender. Government means the Central Government in the Department of Atomic Energy or any other Department or Wing of the Central Government. Government Corporation means (i) a corporation established by the government under any law in force for the time being and (ii) a Government company as defined in the Act. The marginal notes in an Article shall not affect the construction of the Article. Month means a calendar month. The Office means the Registered Office for the time being of the Company. Words imparting the singular number shall also be deemed to include plural number and vice- versa. ARTICLE 2: The Regulations contained in Table A of the First Schedule to the Act, shall not apply to the Company, except in so far as the same are repeated, or contained in, or expressly made applicable, by these Articles or by the Act. ARTICLE 3: Company to be governed by these Articles: The Regulations for the management of the Company and for the observance of the members thereof and their representatives shall, subject to any exercise of the statutory powers of the Company in reference to the repeal or alteration of or addition to its Regulations by Resolution, as prescribed or permitted by the Act, be such as are contained in these Articles. ARTICLE 4: Companys shares not to be purchased by the Company No part of the funds of the Company shall be employed directly or indirectly in the purchase of or in loans upon the security of the Companys shares. ARTICLE 5: CAPITAL AND SHARES: The authorized Share Capital of the Company is Rs.100,00,00,000/-(Rupees Hundred Crore s) divided into 10,00,000(Ten Lakh) Equity Shares of Rs. 1000/-(Rupees One Thousand) each. ARTICLE 6: Power to increase share capital: Subject to the approval of the President and subject to the provisions of the Act, the Board may, from time to time, with the sanction of the Company in a general meeting, increase the share capital by such sum to be divided into shares of such amount as the resolution shall prescribe. ARTICLE 7: Reduction of Capital:Subject to the provisions of Sections 100 to 104 of the Act and such directions as may be issued by the President in this behalf, the Company may, from time to time, by special resolution, reduce its capital by paying off capital or cancelling capital which has been lost or is unrepresented by available assets, or is superfluous, by reducing the liability on the shares or otherwise as may be expedient and capital may be paid off upon the footing that it may be called up again or otherwise and the Board may, subject to the provision s of the Act, accept surrender of the shares. ARTICLE 8:Sub-division and consolidation of sharesSubject to the approval of the President, the Company in a general meeting may from time to time, sub-divide or consolidate its shares or any of them and exercise any of the other powers conferred by section 94 of the Act and shall file with the Registrar of Companies such notice of exercise of any such powers as may be required by the Act. ARTICLE 9: Alteration of rights of holders of shares.If at any time, the capital of the Company, by reason of the issue of preference shares or otherwise, is divided into different classes of shares, all or any of the rights attached to the shares of each class may, subject to the provisions of Section 106 and 107 of the Act, be varied with the consent in writing of the holders of at least three- fourths of the issued shares of that class or with the sanction of a special resolution passed at a separate meeting of the holders of issued shares of that class and all the provisions hereinafter contained as to general meetings shall, mutatis mutandis, apply to every such meeting. ARTICLE 10:SHARE ALLOTMENT:Subject to the provisions of these articles and the Act and the directions of the President, the shares shall be under the control of the Board of Directors, who may allot or dispose of the same, or any of them, to such persons who apply for it in writing, upon such terms and conditions and at such times, as the Board may think fit. The Stamp duty on shares shall be paid by the allot tee , who applies for allotment of the shares. ARTICLE 11:Installments or calls on shares to be duly paid If by the conditions of allotment of any shares, the whole or part of the amount or issue price thereof shall be payable by installment. Every such installment, when due and called, shall be paid to the Company by the person who, for the time being, shall be the registered holder of the shares or by his executor or administrator. ART ICLE 12:Liability of joint-holders of sharesThe joint holders of a share shall be severally as well as jointly liable for payment of all the installments due and calls made in respect of such shares. ARTICLE 13:Who may be registered:Shares may be registered in the name of any person, company or other body corporate. Not more than four persons can be registered as joint holders of any share. ARTICLE 14:Right of Member or Debenture holders to Certificates: Every person whose name is entered as a member in the register or as debenture/bond ho lder shall, without payment, be entitled to a certificate under the Common Seal of the Company specifying the share or shares or bonds/debentures held by him and the amount paid thereon. In respect of a share or bond/debenture held jointly by several persons, the Company shall not be bound to issue more than one certificate and delivery of a certificate for a share or bond/debenture to one of the several joint holders shall be sufficient delivery to all. The bond/debenture certificates shall be issued in marketable lots and if requested, shall be split into marketable lots within two months from the date they are lodged with the Company. ARTICLE 15: Issue of new share certificate in place of worn out, defaced, lost or destroyed. If a share certificate is defaced, lost, decrepit, worn out or destroyed, it may be renewed in accordance with the Companies (Issue of Share Certificates) Rules, 1960, framed under the Act without payment of fee and on such terms, if any, as to evidence and indemnity and the payment of out-of-pocket expenses incurred by the Company in investigating such evidence as the Board may think fit. ARTICLE 16: On what condition new shares may be issued Subject to such directions as may be issued by the President in this behalf, new shares shall be issued upon such terms and conditions and with such rights and privileges annexed thereto as the general meeting resolving upon the creation wh ereof shall direct and if no direction be given, as the Board shall determine. ARTICLE 17: New shares how to be disposed of The new shares, up to the amount of the authorized capital, as originally prescribed or as a consequence of increase in capital as aforesaid, may be issued or disposed of in accordance with the provisions of Article. However, subject to the directions of the President, the new shares may be offered to the members in proportion to the existing shares held by each member and such offer shall be made by notice specifying the number of shares to which the member is entitled and limiting the time within which the offer, if not accepted, will be deemed to be declined and after the expiration of such time or on receipt of an intimation from the member to whom such notice is given that he declines to accept the shares offered, the Board may dispose of the same in such manner as they think most beneficial to the Company. ARTICLE 18: Register of Transfers: The C ompany shall keep books, to be called the Register of Transfers and therein shall be fairly and distinctly entered particulars of every transfer or transmission of any share or debentures/bonds. ARTICLE 19: BORROWING POWERS: Subject to the approval of the President and the provisions of Sections 58A, 292 and 293(1)(d) of the Act, the Board may by means of a resolution passed at a meeting of the Board from time to time, borrow from national and international financial institutions/banks or from the public or from government corporations on terms and conditions deemed appropriate and/or secure the repayment of any sum or sums of money borrowed for the purpose of the Company, provided that no approval of the president would be necessary for borrowing from banks, public sector financial institutions or from government corporations for the purpose of meeting working capital requirements on the hypothecation of the Companys current assets or otherwise. In particular, the Board may borr ow money by issue of bonds, perpetual or redeemable debentures/bonds against any mortgage, charge or other security on the property of the Company including the uncalled capital of the Company for the time being. ARTICLE 20: MEMBERS MEETINGS Annual General Meeting Annual General Meeting of the company may be convened subject to Section 166 and Section 210 of the Act by giving not less than 21 days notice in writing. Subject to the provisions of Section 171 (2) a meeting may be convened after giving a shorter notice. Extra ordinary General Meeting The Board may, whenever it thinks fit, call an Extraordinary General Meeting and it shall do so upon a requisition in writing by any Member or Members holding in the aggregate not less than one tenth of such of the paid-up capital; as at that date carried the right of voting in regard to the matter in respect of which the requisition has been made. Quorum at General Meeting: Five members present in person shall be a quorum for a General Meeting. A body corporate being a member shall be deemed to be personally present if it is represented in accordance with Section 187 of the Act. If, at the expiration of half an hour from the time appointed for holding a meeting of the Company, a quorum shall not be present, the meeting it convened by or upon the requisition of Members, shall stand dissolved, but in any other case the meeting shall stand adjourned to the same day in the next week or if that day is a public holiday until the next succeeding day which is not a public holiday at the same time and place or to such other day at such other time and place within the city or town in which the Office of the Company is situate as the Board may determine, and if at such adjourned meeting a quorum is not present at the expiration of half an hour from the time appointed for holding the meeting, the Members present shall be a quorum, and may transact, the b usiness for which the meeting was called. The Chairman (if any) of the Directors shall be entitled to take the chair at every General Meeting, whether Annual or Extraordinary. If there be no such Chairman of the Directors, or if at any meeting he shall not be present within fifteen minutes of the time appointed for holding such meeting then the members present shall elect another Director as Chairman and if no Director be present or if all Directors present decline to take the Chair, then the members present shall elect one of their members to be the Chairman. Question at General Meeting how decided At any General Meeting a resolution put to the vote of the meeting shall be decided on a show of hands unless a poll is (before or on the declaration of the result of the show of hands) demanded by a member or members present in person or by proxy and holding shares in the Company Number of votes to which member entitled Subject to the provisions of these Articles and without prejudice to any special privileges or restrictions as to voting for the time being attached to any class of shares for the time being forming part of the capital of the Company, every member, not disqualified by the last preceding Article shall be entitled to be present and to speak and vote at such meeting, and on a show of hands every member present in person shall have one vote and upon a poll the voting rights of every member whether present in person or by proxy, shall be in proportion to his share of the paid-up equity capital of the Company. ARTICLE 21: DIRECTORS Number of Directors Until otherwise determined by the company in a General Meeting and subject to the provisions of Section 252 of the Act, the number of directors (excluding Debenture Directors and Directors appointed under Article 111 hereof and Alternate Directors) shall not be less than three nor more than Eighteen. The Board may appoint, from time to time, one or more of their members to be the Managing Director or Joint Managing Director or Whole time Director or Deputy Managing Director or Manager of the Company on such terms and on such remuneration whether by way of salary or commission, or partly in one and partly in another as they may think fit Appointment of special Directors On behalf of the Company, whenever Directors enter into a contract with any Government, Central, State or Local, any Bank or Financial institution or any person or persons (hereinafter referred to as the appointer) for borrowing any money or for providing any guarantee or security or for technical collaboration or assistance or for underwriting or entering into any other arrangement whatsoever the Directors shall have, subject to the provisions of Section 255 of the Act, the power to agree that such appointer shall have right to appoint or nominate by notice in writing addressed to the Company one or more Directors on the Board for such period and upon such conditions as may be mentioned in the agreement and that such Director or Directors may not be liable to retire by rotation nor be required to hold any qualification shares. The Directors may also agree that any such Director or Directors may be removed from time to time by the appointer entitled to appoint or nominate them and the appointer may appoint another or others in his or their place and also fill in any vacancy which may occur as a result of any such Director or Directors ceasing to hold that office for any reason whatsoever. The Directors appointed or nominated under this Article shall be entitled to exercise and enjoy all or any of the rights and privileges exercised and enjoyed by the Directors of the Company including payment of remuneration and travelling expenses to such Director or Directors as may be agreed by the Company with the appointer. Removal of Directors: The Company may (subject to the provisions of Section 284 of the Act) remove any Director before the expiration of his period of office and appoint another person in his stead. ARTICLE 22: PROCEEDINGS OF THE BOARD OF DIRECTORS Meeting of Directors The Directors may meet together as a Board for the dispatch of business from time to time and shall so meet at least once in every three calendar months and at least four such meetings shall be held in every year. The Directors may adjourn and otherwise regulate their meetings as they may think fit. Notice of Board Meetings Notice of every meeting of the Board shall be given in writing to every Director for the time being in India and at his address in India to every other Director. Quorum Subject to Section 287 of the Act, the quorum for a meeting of the Board shall be one-third of its total strength (excluding Directors, if any, whose places may be vacant at the time. and any fraction contained in that one-third being rounded off as one), or two Directors whichever is higher. Provided that where at any time the number of interested Directors exceeds or is equal to two- thirds of the total strength, the number of the remaining Directors, that is to say, the number of the Directors who are not interested present at the meeting being not less than two, shall be the quorum during such meeting. Powers of Directors The business of the Company shall be managed by the Board of Directors, who may exercise all such powers of the Company and do all such acts and things as are not, by the Act, or any other Act or by the Memorandum or by the Articles of the Company required to be exercised by the Company in General Meeting, subject nevertheless to the Regulations of these Articles to the provisions of the Act, or any other Act and to such Regulations being not inconsistent with the aforesaid Regulations or provisions as may be prescribed by the Company in General Meeting but no Regulation made by the Company in General Meeting shall invalidate any prior act of the Board which would have been valid if that Regulation had not been made. ARTICLE 23: Division of profits The profits of the Company, subject to any special rights relating thereto created or authorized to be created by these Articles, shall be divisible among the Members in proportion to the amount of capital paid-up or credited as paid-up and to the period during the year for which the capital is paid-up on the shares held by them respectively. The Company in general meeting may declare dividends Subject to the provisions of Section 205 of the Companies Act, 1956 the Company in General Meeting may declare dividends, to be paid to its Members according to their respective rights but no dividends shall exceed the amount recommended by the Board, but the Company in General Meeting may declare a smaller dividend. Interim Dividend The Board may, from time to time, pay to the members such interim dividend as in their judgment the position of the Company justifies. Capital paid-up in advance carrying interest not to earn dividend Where capital is paid in advance of calls, such capital may carry interest but shall not be in respect thereof confer a right to dividend or participate in profits. Dividend to be paid pro-rata Subject to the rights of persons, if any, entitled to shares with special rights as to dividends, all dividends shall be declared and paid according to the amounts paid or credited as paid on the shares in respect whereof dividend is paid. Retention of Dividends until completion of transfer under Article 62 The Board may retain the dividends payable upon shares in respect of which any person is, under Article 62 entitled to become a Member, which any person under that Article is entitled to transfer, until such person shall become a member in respect of such shares or shall duly transfer the same. ARTICLE 24: Board Report There shall be attached to every such balance sheet a report of the Board as to the state of the Companys affairs and as to the amounts, if any, which it proposes to carry to any reserves in such balance sheet and the amount, if any, which it recommends should be paid by way of dividend; and material changes and commitments, if any, affecting the financial position of the Company which have occurred between the end of the financial year of the company to which the balance sheet relates and the date of the report. The Boards report shall so far as is material for the appreciation of the state of the Companys affairs by its members and will not in the Boards opinion be harmful to the business of the company or any of its subsidiaries, deal with any changes which have occurred during the financial year in the nature of the Companys business, in the Companys subsidiaries or in the nature of the business carried on by them and generally in the classes of business in which the company ha s an interest and any other information as may be required by Section 217 of the Act. The Board shall also give the fullest information and explanations in its report aforesaid or in an addendum to that report, on every reservation, qualification or adverse remark contained in the auditors report. The Boards report and any addendum thereto shall be signed by its Chairman if he is authorized in that behalf by the Board; and when he is not so authorised, shall be signed by not less than two Directors. ARTICLE 25: WINDING UP Distribution of Assets The Liquidator on any winding up (whether voluntary and supervision or compulsory) may with the sanction of a Special Resolution, but subject to the rights attached to any preference share capital, divide among the contributories in specie any part of the assets of the Company and may, with the like sanction, vest any part of the assets of the Company in trustees upon such trusts for the benefit of the contributors, as the liquidator, with the like sanction shall think fit. ARTICLE 26: The Seal of the Company. (a) The Board of Directors shall provide a Common Seal for the Company and shall have power from time to time to destroy the same and substitute a new Seal in lieu thereof. The Board of Directors shall provide for the safe custody of the Seal. Affixation of Seal. (b) The Seal of the Company shall not be affixed to any instrument except by the authority of a resolution of the Board or of a Committee of the Board authorized by it in that behalf and except in the presence of atleast two Directors and of the Secretary or such other person(s) as the Board may appoint for the purpose, and those two Directors or such other person(s) as aforesaid shall sign every instrument to which the Seal of the Company is so affixed in their presence. The Director(s) may however, sign a share or bond/debenture certificate by affixing his/their signature(s) thereon by means of a machine, equipment or other mechanical means such as engraving in metal or lithography, but not by means of a rubber stamp, provided that such Director(s) shall be responsible for the safe custody of such machine, equipment or other metal used for the purpose. Registration with the Registrar of Companies to get Company incorporated 1. Selection of a name: We have to select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects of the company. The following are the names which we want to name our bank: RATAB Alternate Power Generation LTD RATAB LTD RATAB India LTD RATAB Gandhi LTD RATAB Bharat LTD RATAB Nehru LTD We have to ensure that the name does not resemble the name of any other already registered bank or company and also does not violate the provisions of emblems and names (Prevention of Improper Use Act, 1950) by availing the services of checking name availability on the portal. 2. APPLICATION OF THE NAME: We have to apply to the concerned RoC to ascertain the availability of name in eForm1 A [Pursuant to sections 20 and 21 of the Companies Act, 1956] by logging in to the portal. A fee of Rs. 500/- has to be paid alongside and the digital signature of the applicant proposing the company has to be attached in the form. If proposed name is not available, the user has apply for a fresh name on the same application. Form 1A is attached and filled. 3. GRANTING OF THE NAME BY THE R.O.C.: The first name, i.e. RATAB Alternate Power Generation LTD is assumed to have been selected and the letter of incorporation has been received. 4. FILLING OF THE FORM TO GET THE COMPANY REGISTERED: The form is filled giving the following information: A. The application is for incorporating of a new company, RATAB Alternate Power Generation LTD. B. The proposed company is a Public company. C. The Category of the Proposed Company is a company limited by shares. D. The company is having Share Capital. E. The company will be registered in the state of Punjab F. The number of promoters is 7. Mr. Santosh Kumar Mr. Adish Jain Mr. Rakesh Verma Mr. Vipul Verma Mr. Raman Jain Mr. Bhupinder Singh Mr. Ravinder Singh G. The main object of the company is Manufacturing a Alternate Power Generation H. Proposed authorized capital is Rs 100,00,00,000 (One Hundred Crore Only) Along with the form we have to arrange for the drafting of the memorandum and articles of association by the solicitors, vetting of the same by RoC and printing of the same. The memorandum and article must be arranged for stamping of the memorandum and articles with the appropriate stamp duty. We have to get the Memorandum and the Articles signed by at least two subscribers in own hand, fathers name, occupation, address and the number of shares subscribed for and witnessed by at least one person. We have to ensure that the Memorandum and Article is dated on a date after the date of stamping. Login to the portal and fill the following forms and attach the mandatory documents listed in the eForm. Declaration of compliance-Form-1 Notice of situation of registered office of the company-Form-18. Particulars of the Directors, Manager or Secretary Form-32. We have to submit the following eForms after attaching the digital signature, pay the requisite filing and registration f ees and send the physical copy of Memorandum and Article of Association to the ROC. After processing of the Form is complete and Corporate Identity is generated obtain Certificate of Incorporation from ROC. Additional steps to be taken for formation of a Public Limited Company: To obtain Commencement of Business Certificate after incorporation of the company the public company has to make following compliance File a declaration in eForm 20 and attach the statement in lieu of the prospectus (schedule III) OR File a declaration in eForm 19 and attach the prospectus (Schedule II) to it. Obtain the Certificate of Commencement of Business. RERGISTRAR OF COMPANIES CERTIFICATE OF COMMENCEMENT OF BUSINESS This is to certify that The RATAB Alternate Power Generation LTD filed for incorporation was granted on the 30th November 2009. This proved that the company has performed all the requirements and fulfilled the legal procedures of the incorporation of the company and all the documents were found legal and satisfactory. From this day forward the company is capable of undertaking its normal business operation. Signed Registrar of Company Dated: PROSPECTUS The RATAB Alternate Power Generation LTD, a company with its authorized capital of 100 Crore Rupees, head office in Phagwara, and planning to operate in the major states of India especially in the urban area not only to big cities but also upcoming and growing cities of different states, to provide alternate power generation system such as solar panels, wind mills etc and also to inspire people to generate electricity by going a population friendly. This prospectus is an invitation to the public, whoever wants to invest in the company in the forms of shares. The share of the company is at a very reasonable price of only Rs 10.00 (Ten Rupees only) per share, in which everyone can easily invest in it. The Company is selling its shares at a low price mainly to inspire people to invest, and with a view to make people more aware especially the lower income group to invest in the shares of the company. Forms To Be Submitted FORM NO. 18 Registration No. of the Company                                                     Nominal Capital: Rs THE COMPANIES ACT, 1956 Notice of the situation/change of situation of registered office [pursuant to section 146] Name of the company Notice is hereby given that - 1. (a)             the registered office of the company is situated                  Ã⠀šÃ‚               .with effect from                                                     Â Â Â Â Â Â Â Â Â Â Â Â Â [date] (b)             The situation of the registered office of the company of was changed from                             to                                        with effect from                                       . Â Â Â Â Â Â Â à ‚ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â [date] 2. Situation of registered office falls under the jurisdiction of                                        Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (name of the police station).* Dated thisÂ Â Â Â Â Â à ‚ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Day of                           19 Signature Name (In Block Capitals) Designation *State address of nearest police station with district and tehsil. FORM NO 29 Registration No. of CompanyNominal Capital Rs THE COMPANIES ACT, 1956 Consent to act as director of a company and/or undertaking to take and pay for qualification shares [pursuant to section 264(2)/266(I)(a) and 266(1)(b)(iii)] Name of company. Limited Presented by To the Registrar of Companies .. I, the undersigned, hereby testify my consent to act as director of the.. Limited, .. Pursuant to section 264(2)/266(1)(a) of the Companies Act, 1956 and certify that I have not been disqualified to act as a director under sections 267 and/or 274 of the Companies Act, 1956. I, the undersigned having consented to act as director of the Limited, also hereby undertake to take from the said company and pay for .. shares of Rs. .. each, being the number/value of the shares prescribed as the qualification shares for the office of director of the said company. Name and surname in full and fathers names Address Occupation Date of birth Nationality Signature 1 2 3 4 5 6 Signature Designation Dated the day of .. 19 Notes: (1) Delete the portion not applicable. (2) If a director signs through his agent authorised in writing, the authority must be produced                before the Registrar. (3) In case of undertaking to take and pay for qualification shares, the from should be                accompanied by the necessary stamp duty.                                    FORM NO. 32 Registration No. of Company Nom inal Capital Rs. THE COMPANIES ACT, 1956 Particulars of appointment of directors and manager and changes among them [Pursuant to section 303(2)] Name of Company ..Presented by Note : If a company has no particulars to be included in one or two of the headings A B and C the parts containing those headings (in respect of which the company has no particulars to be included) need not be filed. A. Appointment of and changes among directors. Name or names and surname in full Fathers/ husbands name Usual residential address Nationality Date of appointment or change Brief particulars of changes 1 2 3 4 5 6 Notes: (1) A note of changes should be made in column 6 e.g. by inserting against the name of new director, etc. the words in place of and by indicating against the name of the former director, the cause for the change, e.g. by death, resignation, retirement by rotation, disqualification etc.            (2) In case of managing director, his designation should be stated with his name   in columan1. C.     Appointment of and changes in manager ship and secretary ship. Name or names and surname in full Fathers/ husbands name Usual residential address Nationality Date of appointment or change Brief particulars of changes                    Formation Of Contract AGREEMENT LETTER OF OFFER This is the letter offer for the SRS Electrical Goods for the dealing of complete Electrical Goods (Fan, Tube, A.C., wire) for the completion of the company. The RATAB Alternate Power Generation LTD want to a agreement with you worth Rs. 1,00,000,00. If your company are agree then please give us a letter of acceptance. Adish jain                                                                       ƚ                         Saurabh Vinaik Managing Director                                                                               Managing Director RATAB A lternate Power Generation                                 SRS Electrical Goods Ltd. LETTER OF ACCEPTANCE This letter issues for RATAB Alternate Power Generation LTD for the acceptance of the agrrement dealing letter for the Rs.1,00,000,00 by SRS Electrical Goods Ltd. Company. The agreement declears to the deal in once time for the use of all materials of electrical goods for the completion of the RATAB Alternate Power Generation Ltd. Saurabh Vinaik                                                                      ƚ                           Adish Jain Managing Director                                                                                Manag ing Director SRS Electrical Goods Ltd.                               RATAB Alternate Power Generation AGREEMENT LETTER This is the agreement letter for the both companies RATAB Alternate Power Generation LTD and SRS Electrical Goods Ltd. for the duration of the completion for the company RATAB Alternate Power Generation Ltd. by the company SRS Electrical Goods Ltd. So both company are agree to this agreement that SRS Electrical Goods Ltd. will give the electrical goods for the completion of the company. Adish Jain                                                                  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Saurabh Vinaik Managing Director                                                                            Ã⠀šÃ‚   Managing Director RATAB Alternate Power Generation Ltd.                        SRS Electrical Goods Ltd.
Monday, May 18, 2020
Student Education And Student s Education - 2237 Words
The way a school functions is very crucial to a student s education and focus. The school’s environment could not be meeting the needs of the student. This could lead the student to become distracted, or disruptive. The way that teachers deal with distractions and disruptions could have a negative impact on the focus of other students. This may also have a negative impact on the education and future of the disruptive student. Schools are not structured to deal with disruptive students, which negatively affects students who are trying to learn. Schools and teachers should create new strategies to prevent or deal with disruptiveness in the classroom. If they do not, these disruptive students may drop out of school later, interfere with another student s education, or worse. Parents look for the ideal quality and functioning of schools when searching for the right school for their child. Some of these qualities, as Joseph F. Murphy one of the nation’s top experts in school leadership, suggest that: A good school is a place where every student is known well, cared for, and respected, where each student is a member of a ‘family.’ A place where every student is challenged and supported to achieve ambitious goals. A place where teachers and administrators go to bed and get up thinking about how to make the first two of these come to life, where they work hard to make that happen, and where they hold themselves and their colleagues responsible for success. (Benbow, 2012, para. 3)Show MoreRelatedStudent s Culture And Education871 Words  | 4 Pages [Multicultural teachers]†¦recognize when some students are not learning, reach out to them, and try different pedagogical strategies to help them learn. They do not allow students to sit in their classroom without being engaged with the content. They do not ignore the students who are withdrawn, depressed, or resistant to classroom work. They do everything they can to help students see themselves as learners and value learning. (p.378) It is important as an educator to connect the curriculum to theRead MoreSex Education Is Important For A Student s Comprehensive Education Essay2286 Words  | 10 Pageshaving sex. So why has sex education become such a controversy? The entirety of the issue seems to fit under a cloud of scandal, because almost every topic is slightly taboo. Sex education however, is vital and absolutely necessary for a student’s comprehensive education. Students, parents, and teachers begin to hit roadblocks when human dignity and social inequalities be gin to cause issues and misconceptions about sex education. When one is informed about what sex education really is, the issues withinRead MoreStudent s Education System Is Not Adequate870 Words  | 4 PagesLearning in the Classroom Communication is a key player in the aspect of education. Teachers and professors at times do not have a personal bond with their students, often causing the students to not learn as much or believing and succeeding at slacking off. This can happen with large class sizes. Larger class sizes as to smaller class sizes often times leave the students wondering if their teacher even cares about them or if they are even learning the topic at hand. Coming from a class size ofRead MoreStudent s Education And Punishment At School1595 Words  | 7 PagesAlmost any student that attends school from kindergarten until they graduate as a senior in high school will more times than not get into some kind of trouble at some point in their twelve years of school. Though most kids will get into trouble it seems those that are a minority tend to get into trouble more often and receive harsher punishment. Is this because they are in trouble more times throughout school is this a race issue? Civil Righ ts Data Collection’s 2009-10 statistics show that by percentageRead MoreA Student s Experience Of School And Education2611 Words  | 11 Pagesby law for a child to receive education once they comes of age. It suggest that attending schools changes how a student sees not only himself, but other students in terms of their culture, motivation, opportunity and more since it plays a large part early on in students’ lives. This awareness changes how students perceive school and education. A student’s experience of school changes as their perception of school and education changes. Ultimately, changing how students see themselves in a school environmentRead MoreCampus Size And Its Impact On Student s Education853 Words  | 4 Pagesfor having a higher acceptance rate, but could not always be good since they’re not precise on what students they accept. Private university Lake Forest College, who has higher academic requirements, might have a better colleg e experience then those at a public university. Although both public and private universities are very similar, they still contrast in campus size, diversity among the students, and tuition rates. It may not seem like an important part, but taking a look at campus size whenRead MoreStudent-Teacher Relationships in Teacher Program Education s629 Words  | 3 Pagesin essence, it illustrates a genuine piece of knowledge that is often displayed in schools and has been long time neglected in Teacher Education Programs. Making the student to use the dictionary may be not among any canonical response to the problem (not knowing the concept of condensation). It may be thought that it should have been better to tell the Student Teacher to prepare more consciously the key concepts of the lesson next time. We agree. But we also believe that any form of knowledge shouldRead MoreU.s. Department Of Education s Student Direct Loan Essay1594 Words  | 7 PagesWhen carrying out research on getting the right deal for student direct loans a lot of options may come into mind but the truth of the matter lies in the fact that and among the most popular is the U.S. Department of Education s student direct loan. You may be asking what makes the U.S. Department of Education s student direct loan different from the others considering the fact that you might have had about some other alternatives in the past by some friends and close associates that might haveRead MoreIct Gadgets Aid The Student s Education Essay392 2 Words  | 16 Pages ICT gadgets aid the student’s education. Through the facility of accessible sources online, students are provided with wider reference for more reliable learning. It is with convenience that students get the most revised online journals existing for reference. It provides significant resources that will academically aid the students. Through easy access to virtual websites, it presents the students updates and reliable online journals. It also aids the students through the advanced technologyRead MoreThe Cost Of Education : Tuition Cost Is On Every Student s Mind Essay1201 Words  | 5 PagesThe Cost of Education Tuition cost is on every student s mind. The cost of college tuition is an unnecessary burden that causes students to do the following: work multiple jobs, worry about financial aid, and take time from studying and being better students. Every day I m reminded of the cost of tuition. It is on my mind when I am at the grocery store trying to decide between buying food or gas so I can go to work. Or, for example, when I have to make time to study in between my three jobs I
Tuesday, May 12, 2020
International Institutions, Treaties, And Sanctions Essay
International Institutions, Treaties, and Sanctions and Their Effects on International Business International institutions abound in the realm of international business. As globalization increases, disputes multiply. The responsibilities of these organizations can vary due to the needs of its members, such as monetary or trade issues. Moreover, the support these institutions provide may come in the form of various agreements to include the negotiation or enforcement of sanctions and treaties which will either stop or promote trade between nations. International Institutions There are varying types of organizations which monitor or assist with disputes or negotiations on an international level. Some of these factions focus on a more regional area, such as the Free Trade Commission, not to be confused with the United States Federal Trade Commission (FTC). According to NAFTAnow.org (2013), the Free Trade Commission watches over the North American Free Trade Act (NAFTA) which took effect in 1994. This agreement, as a result, lifted trade barriers between Mexico, the United States, and Canada. The Free Trade Commission has representatives from all three member nations who implement, oversee, negotiate, and resolve disputes arising from the interpretation of the agreement (About NAFTA | North American Free Trade Agreement, 2013). More importantly, there are international trade organizations who reach a much larger scale and focus on both emerging and established globalShow MoreRelatedHr 3364 Case Study1028 Words  | 5 Pageson fiscal penalties over militaristic punishment, while still maintaining strong alliances in NATO; second, promote multilateral cooperation on past, present, and future economic sanctions; and third, balance punitive measures with positive incentives to signal to the Kremlin that the reduction or expansion of sanctions will be contingent on its subsequent behavior. Therefore, the executive should enforce the provisions of HR 3364, which provides an effective approach to counter Russian cyber attacksRead MoreJapanese Motives For Entering Wwii1390 Words  | 6 Pageseconomic, political, and social change. The primary goal of the leaders of Meiji Era was to achieve economic and military equality with the western world. Following the deaths of the original leaders of the Restoration, there was no government institution that was able to establish full control over Japan and follow through with this desire for world power. This changed when military leaders finally obtained power around the time of the Manchurian aggression, in 1931. These leaders initiated theRead MoreShould the US Impose Economic Sanctions on Russia1681 Words  | 7 Pagesauthority in the international sphere. Lastly, it may imply a lack of institutions and laws that govern the actions of each country. Fortunately, even though we live in an anarchical world, the international sphere of today’s time has some semblance of order even though it lacks a central government, institutions, and laws. Countries are somewhat able to cooperate with each other through the formation of intergovernmental organizations. These organizations are able to form treaties that apply amongstRead MorePolitical System of Germany1700 Words  | 7 PagesStGB, and the Code of Criminal Procedure Strafprozeà ¡ordnung, herein referred to as the StPO, are federal codes, making their application consistent nationwide, the administration of the criminal justice system (police, courts and correctional institutions) are matters left to the individual states. 1 Special state laws govern the regulation of police matters as well as the prosecution of cases. 2 German law requires the prosecutor to play a neutral role. The prosecutor is obliged to consider Read MoreGlobal Warming And Global Climate Change1531 Words  | 7 PagesIn the last twenty years, the issues surrounding global climate change have become increasingly dominant in the international community, as the implications associated with the global issue pose many threats to the environment and humanity as a whole. Beginning in the 1970’s, scientific research regarding pollution led scientists to discover that chlorofluorocarbons (CFC’s) where destroying the ozone layer, posing threats to plant and animal life, and humans as a rise in skin cancer followed. LuckilyRead MoreAustin s Theory Of Law886 Words  | 4 Pagesfrom morals and other laws that are described laws improperly so-called. His model of law is positive law, distinguishing from positive morality or positive law, distinguishing from positive morality or other kinds of laws the later lacking force, sanction and coercion of the state. H.L.A Hart a British legal philosopher says that the idea that law consists merely of orders backed by threats is inadequate to explain modern legal systems. Modern legal systems have laws governing the formation and implementationRead MoreAfrican Prisons Are Human Rights Friendly1473 Words  | 6 Pagesin a deficient condition and their practices are at odds with human rights standards. However, prisons in many parts of the global are in crisis. Never before have there so many problems within penal systems and such large numbers of people in institutions of incarceration. 1.2 Background of the problem During the nineteenth century, the prison was located in the on the sea front in Zanzibar Town. In 1884, Sir John Kirk, H.M. Agent and Consul General, witnessed visited the prison and were horrifiedRead MoreEuropean Commission Of The European Union1714 Words  | 7 Pagesas many responsibilities that include; - To draft laws and proposals for the parliament and council to consider - To implement European laws - Works alongside the court of justice to make sure that the EU laws are followed - Represents the EU international area Court of Justice This court has the task of ensuring that all 27 members of the EU has its law applied equally throughout. Most of the cases referred to the tem by the national courts of the member states. 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In effect, the UNHCR marking a nation as a violator decreased the cost in political capital a state or organization might have needed if they tried to forge their own path, while also forcing the â€Å"shamed†to evaluate their record as well. And while the UNHCR collapsed due to politically motivated targeting of certain nations while not targeting other abusers, it still managed to levy sanctions on the likes
Wednesday, May 6, 2020
Gregor Samsa Transforms into a Hideous Creature , Franz...
Lying on an unfamiliar back, Gregor Samsa lifts his black beady head and looks down at his vaulted brown belly which is now covered by arch-shaped ribs. Readers are taken aback when Gregor Samsa wakes to finds himself transformed into a â€Å"monstrous vermin†; and one cannot help but instinctively cringe in disgust at the idea of transforming into a creature as repulsive as a giant insect. In Franz Kafka’s The Metamorphosis, Kafka’s choice of a vermin as an agent for Gregor’s transformation is not random. The significance of the bug is extensive as this symbol not only represents the meaninglessness and emptiness of Gregor’s life as a man, but also reflects the impersonal and dehumanizing treatment of Gregor by his family and society alike. Our connotations and associated sentiments as a society with vermin, as we understand them as unwanted pests and somewhat repulsive creatures, allows Kafka to express the pointless and empty existence of the mo dern man. When Gregor awakes, transformed, his disgust with himself as a bug parallels the disgust he holds with his pitiful human life. Kafka’s diction and tone draws this parallel as he describes Gregor’s â€Å"many legs, pitifully thin compared with the size of the rest of him, were waving helplessly before his eyes†(1). It is confirmed that Gregor is a pathetic character when he reflects upon his army days, and it becomes understood that he considers those years, ironically, to be his glory days. He looks at a photograph of himselfShow MoreRelatedData Sheet Analysis for Kafkas Metamorphosis Essay4848 Words  | 20 Pagesa Word version of this sheet. | | |Details of the setting (include changes in setting): | |Author: Franz Kafka |The entirety of the novel takes place within the confines of the | | |Samsas apartment, save for the final paragraphRead MoreThe Metamorphosis By Franz Kafka1435 Words  | 6 PagesIn Franz Kafka’s The Metamorphosis, readers are thrown into a fictional setting in which the main character; Gregor Samsa, transforms into a cockroach. As a response to Gregor’s metamorphosis, his mother and his sister patiently attempt to take care of him and make him as comfortable as they can. However, Gregor’s father’s love is challenged by Gregor’s drastic change in appearance and becomes less patient, acting in complete hatred towards his son. The Metamorphosis is both a cruel and tragic story
Bmw Management Free Essays
OPERATIONS MANAGEMENT Table of Contents 1. Introduction3 2. Discussion4 3. We will write a custom essay sample on Bmw Management or any similar topic only for you Order Now BMW area of improvement6 4. BMW Solutions7 5. Recommendations9 6. Conclusion11 References13 1. Introduction Operations management is a process where system direction and control of the processes transforms inputs into finished goods and services. It is also the way organization do produce goods and their services. It’s a process of transforming and oversetting set of resources that is inputs in to services and goods which is output. Operations Functions of B. M. W comprises of a significant number of employees and their physical assets in various organizations (Mondy Premeaux, 1992). Its also determins the equipments which are used and some information should go in an operation system and also how this equipments can be able to market the place. Managers they are the one who are supposed to be responsible on their activities such as quality management and control in their business. The Importance of operation have increased in recent years. Managers they do play a big role in satisfying their customer’s needs and making their business to be firm and strong. Inputs recourses might be raw materials or information or customers. Some examples of inputs in the B. M. W Company which include:-customers – this is a process where you are involved in processing your ticket and baggage. Raw Materials this is where some plastics product they are melted and they do form a mold. Information; a divisor do gather some information to clients and assist in developing in financial plans. Output it’s a product or services required by customers and its broadest sense of the word. Overview functions they involves a lot of different disciplines. Productions do have service which operations have (U. S Departments of Education Institute of Education Sciences, 2009). Discussion Operation management is the way products and goods and services are concerned with organizing the process of getting thing which are been done. The operation is also used for transforming process and converting a set of resources into services and goods. Operations management’s functions of the B. M. W involve different disciplines, production and services. Operation management functions do have a central role in most firms. The functions which are defined to select this determine which product or services will be produced and by which process (Mondy Premeaux, 1992). Designing in the B. M. W sector involve creation method, whereby the operation involves actual process and meeting of schedules and also do certify production and standards. Operations functions here manager is supposed to be responsible for the success of the products units. This person need knowledge which is base in technology of products which are been processed . In customers participation it leads to storage ,transporting and stocking, and at the same time customer supplies with some of the products. Using customers as labor, enables them to do self service and this require customers to physically and mentally able to help themselves (Mondy Premeaux, 1992). Retaining an existing customer at the B. M. W Company is much cheaper costs of winning new customers. The designing of a poorly product or service can fail to market needs and expectations. It’s more important to make products are well delivered and processed and closely linked. The designer must work together with the product so that he or she can make it to me more successful introduction of a new product or services. Products they are experience through materials, equipments and people, People they do know what can be done so as to solve problems (Chase Jacobs et al, 2001). The right quality it’s not best but it’s determined by the cost of the products and the technical characteristics and the requirements. Manufacturers should procedure the best products in the right numbers and if they are produced in excess of the demands the capital will lower the inventory but if the quality is in short of demand its leads to shortage of products. The advantages of operation management in job shop production, the operator will become more skilled and its will compete other jobs and its will give the other business the opportunities. The Opportunities of B. M. W exists to create methods and innovates some ideas. Batch productions it’s defined by American Production and Inventory Control Society. The characterizes includes, whenever there is shorter productions to run the business, when machines and plant are flexible, when the manufacturer lead time and the cost at lower as compared to job order productions. The Advantages of Batch production are when there is better utilization of plants; the cot per item is lower as compared to job orders production (Mondy Premeaux, 1992). Objectives of the operation management of the B. M. W Company should ensure its products are being produced at more clear and attractive services of right quality and quantity at the right time and at right manufacturing costs. The products are supposed to be of right quality and the right quantity. The quality is established based upon the customers and their needs Mondy Premeaux (1992), the manager defines objectives for the operations of the organization and its polices, The operation manager provide the role and the flow of information within the operations . They determine activities which are required so as to achieve the goals and assign them responsibility for carrying them out. Operation manager must exercise to control by measuring outputs and comparing their plans in managements. Managers they are the one who are supposed to be concerned with how efforts to plan, organize and to control the behavior of human (Ames, 1995). Manager plan, organize and control the conversation process within the organization. Operation management is concern with achieving of both satisfactory customers and services, the B. M. W company should be tacked with these two objectives in mind, and many of the problems will favor the operations manager this is because of the conflicts hence operations manager must attempt to the balanced their basics objectives (Mondy Premeaux, 1992). BMW AREA OF IMPROVEMENT (SUPPLY CHAIN AND CUSTOMER RELATIONS) The services operations at the B. M. W Company are not immune to some problems associated in making services of operations to meet its objectives (Mondy Premeaux, 1992, pg 3). The designing of the something do limits for existing equipments, capacity and facilities, the product upgrades with the new features do have some significant effects on the operations. With the fixed of the process is highly repeatable and the process can be easily be monitored and varied. The importance of the aspect of the designed concentrates on utilizing and efficiency in addressing the demands valuables and the customer participations. King the customer out do the processes whether it’s possible and adopt the industrial process which is designed the processes which are not involving the customers. Mondy Premeaux (1992), the production/operations management this is the process in which combines and transforms various resources which are being used in productions. It’s the part of organization which it’s been concerned with the transformation or the range of some inputs into the required field. Operations management strategies at the B. M. W Company is to improve the efficiency and effective of transportation through low cost and management to improve and to program (Megginsion, 1992, pg8). To associates with problems and their limits of current process techniques. Management is a process whereby an essential business functions take place and manager is some who is responsible for people and project together. The two topics includes the general manager’s job this is where manager take his or her ole in leading and managing an enterprise and to be responsible on the company the other one role to determine the long run of all enterprises. The most important role of a manager is to rule the business this is where business need different ways of thinking and way of acting in the business (U. S Departments of Education Institute of Education Sciences, 2009). What makes a manager to organize and also manage his or her he should be competent and he is organized in his dutie s. There are travel demands, these are transporting system management and intelligent transporting systems which improves strategies that do improve mobility. Management quality can certify and help Manufacture Company and put systems and control to ensure few and more profitable business (Megginsion, 1992, pg12). The company that do approach the certification at the end it’s the one whose succeed; effective quality management system its standard of quality (Megginsion, 1992). The standards involve overtime which reelects aspects of the industry. When businesses gets standards quality that when it becomes certified and these show the customers that it’s well practiced and the product they are of high qualities (Mondy Premeaux, 1992). BMW Solutions Business which certifies doesn’t always go on by certification practices which are need to increase their quality. The short-term thinking leads a business in some problem . One particular do challenge the quality management. The old standby quality approach they are six sigma and they change your organization culture to drive strategy and business transformation. This deserves much intensity to all other initiatives that can operate in big companies. The strategic six sigma principles and practices which can help companies they include. This is formulating and new existing business strategies. They also deal with changing and they increase complex of customer requirements, they also facilitate merge and acquisitions. The growing of number of companies beginning to realize the implications caused by six sigma’s; especially engine to accelerate corporate strategies and organizations (U. S Departments of Education Institute of Education Sciences, 2009). The BMW ought to entail below solutions to cub their problems: †¢ To help the company’s top leadership team by implement six sigma and developing a committed team of leader to support. †¢ Thinking and practicing into some strategies and planning. Establishing connections with customer and their large market place where the companies do operates. †¢ Ensures leaders view the companies not as a set of isolated functions or independent. †¢ To develops measures and demands which are tangible results from people in their works. †¢ To be committed in fulltime to the business, aspects of grogram to ensure that work is progressing toward achieving goals and objectives. †¢ Megginsion (1992), the BMW company should avoid to introduce new work processing and product without have relied with your customers through design and development processes. Recommendations By choosing some issues good manager should know that he can able to bring some talents within his organization and he do choose those which have the greatest and which are long term and those one which can make his talents to be more productive. Under ordinary time he will have three or four major objectives during any single period of time. Megginsion (1992). Management is one role that is fast of growing the security market while continuing security to enable to increase attention to identify issues. All managers they perform some same basics functions to make sure the business runs well. Manager is supposed to strive hard to reach al objectives in an organization. As a manager it’s good to make use of your time and the functions of managements are to control in devising way to ensure all plans are being achieved well. As a manager you are responsible to ensure thing of yourself they are running well and they are all correct and measure are being taken (Chase, 2004). Person whose proficiency has applied the competency repeatedly and successfully in their performances of his or her jobs but has much to the advance (Megginsion, 1992). Aspects and behaivior which is associated with the B. M. W Company and operation managements. Person with high level can have knowledge and experience with competency and can apply well on job with any assistance. In this stage one is expert and has experience many careers in his or her own work. To share list of keys people organizes and resources so as to help solving Problems College to have trained or mentor you on how to effectively schedule this skill will lead to the best learned from job which is trained. In informal interview, the manager is involved in with scheduling and attending of meetings with him if it’s possible. To have relations with your customers in your business you can be able to understand their needs and their concerns. Making you available its will direct you to contact with your clients. To rotate your job and assignments of various employees so that you many know how your employee interacts with their customers. As a manager you should be asking assignment in workforce planning. It’s good to spend time observing your work operation so that you may know processes and problems that needs to be solved. As a manager it’s good to have a meeting with your employees so that you can be able to solve tasks with schedules. To make work to be organized and activities to run smoothly and efficiency manager is supposed to be responsible (Chase Jacobs et al, 2001). Whenever manager of the B. M. W Company move to many places, he develop a network for some information in many different departments. He do keeps the sources and keep them open no matter how high they will be. Skillful manager usually leave members of his organization so that they can judge them and decide which level to inform him. Managers are supposed to respond immediately with a reasonable in various problems and how to overcome them. Another skill is to save time and energy for various issues. For keeping someone informed. About a wide range operation and decisions which are been made in different steps in a company (Chase Jacobs et al, 2001). The importance of operation management in the B. M. W Company has highly increased the function to enable to increase and improve productivity while providing a broader high quality of the products. The benefits of establishing the standards includes decision making. It’s also requiring thinking outside the organization and use of new technologies and also resolving of the provided mechanisms. A customer is an individual or a group and he can be the process in the organization, this is by providing of some law materials. In Operation management expectations includes cost, time and delivery, the enviroment, level of services, and the quality of the product or services (Mondy Premeaux, 1992). In designing of the products can fail to meet the market expectations in the market. Organization functions they entails addition to setting of the department structures. To compare productions and the services in an operations most services have elements which are based operations integrated with service delivery. The situations which are faced by a service operation manager may be less significant and less encountered by the production and manufacturing manager. The depth of planing and preparation which enable products to be consumed, Customers they see only the delivery of the products and services they are given and some customers may not mind the time that they will take to wait. Some customers will not wait and wait for the responds. The difficulties in stocking a service they include the capacity wasted if not in use. The isolation of the customers is less for services than for goods and when personal services if offered the customers they are more involved. Customers immediate are more less such that the systems are more sensitive and more personal to control (Mondy Premeaux, 1992). Conclusion If the managers do operations of business or organization smoothly and in right order, he will get the benefits in the organization. But if they do not cooperate with his organization well, it will have fewer benefits. In my view point, it will have conclusion on how I can believe my experiences of the operations managements and it’s could be one of my benefits. Also for the B. M. W business to run well it’s should have some inputs and outputs and to make an organization to be successful it’s supposed to have objectives of operations managements of how is speed when doing your work and cost of your varieties and goods (Mondy Premeaux, 1992). The quality of your goods matters a lot in your organization and your goods it’s good to have better qualities so as to attract more of your customers in your organizations. For a manager is required he or she to be focused in his daily duties and also he should be capable to make the organization to be organized and it’s been operating well (Ames, 1995). In a company foundation it is also more important that is when business have a good start its can enable it to learn well. Manager is responsible to make sure every department its learning well and everybody is well located in his or her own departments. The operations function of B. M. W is responsible in producing the services of goods and managing the supply that would provide the incoming resources. Manager is required to innovate and ensure successful of new products in the market (Ames, 1995). It is the responsibility of the management concerning Operations management strategies at the B. M. W Company to improve the efficiency and effective of transportation through low cost and management to improve its productivity and to program its services world wide. Lastly, the B. M. W Company should try and incorporate the use of internet and e-commerce to market its products to the customers (Chase, 2004). References Ames M. Wilson. (1995). An historical perspective on Operations Management, Production and Inventory Management Journal Chase F. (2004). Operations managements for competitive advantage: Inventory management Journal Chase, F. Jacobs, N et al. (2001). Operations Management for Competitive Advantage: New York, HarperCollins Megginsion, L. (1992). Management 4th Edition Concepts and Applications: New York, HarperCollins Mondy, R Wayne Premeaux,Shane R. (1992). Management Concepts, Practices and Skills Seveth Edition. Englewood Cliffs: Prentice Hall U. S Departments of Education Institute of Education Sciences. 2009). Clarifications of Instructional programs (CIP). US, California University Clark, G. and Johnston, R. (2005) BMW, Service Operations Management: Improving Service Delivery, Harlow: Pearson Education. Ohno, T. (1995) Toyota Production System: Beyond Large-scale Production, New York: Productivity Press. Slack, N. , Chambers, S. and Johnston, R. (2004) BMW, Operations Management (4th Edition), Harlo w: Pearson Education. Chase, R. , Jacobs, R. and Aquilano, N. (2005) Operations Management for Competitive Advantage (11th Edition) New York: McGraw-Hill. Ackerman, K. B. 1997, Practical Handbook of Warehousing, 4th Ed. , Chapman Hall. (ISBN 0412125110). Ballou, R. H. , 1998, Business Logistics Management: Planning, Organizing, and Controlling the Supply Chain, 4th Ed. , Prentice Hall, (ISBN 0137956592). Blanchard, B. S. , 1998, BMW, Logistics Engineering and Management, 5th Ed. , Prentice Hall, (ISBN 0139053166). Bowersox, D. J. and D. J. Closs, 1996, Logistical Management: The Integrated Supply Chain Process, McGraw Hill, (ISBN 0070068836). Christopher, M. and H. Peck, 1997, Marketing Logistics, Butterworth-Heinemann, (ISBN 0750622091). Council of Logistics Management (CLM), 1998 Bibliography of Logistics Training Aids, prepared by R. L. Cook (Central Michigan University), CLM, 2805 Butterfield Rd. , Suite 200, Oak Brook, IL 60523. Copacino, W. C. , 1997, BMW, Supply Chain Management: The Basics and Beyond, The St. Lucie Press/Apics Series on Resource Management. Coyle, J. J. and E. J. Bardi, 1998, Transportation, South-Western Pub. , (ISBN 0538881801). Coyle, J. J. , E. J. Bardi, and C. J. Langley, 1996, The Management of Business Logistics, 6th Ed. , West/Wadsworth, (ISBN 0314065075). Coyle, J. J. , E. J. Bardi, and R. A. 1994,Novack, Transportation, 4th Ed. ,West/Wadsworth (ISBN 0314028536). Glaskowsky, N. A. , D. R. Hudson, and R. M. Ivie, 1992, Business Logistics, 3rd Ed. , Wadsworth Pub, (ISBN 0534510353). Handfield, R. B. and E. Z. Nichols, 1998, Introduction to Supply Chain Management, Prentice Hall, (ISBN 0136216161). Kasilingam, 1999, R. G. , Logistics and Transportation: Design and Planning, Kluwer Academic Pub. , (ISBN 0412802902). Lambert, D. M. , J. R. Stock, L. M. Ellram, and J. Stockdale, 1997, Fundamentals of Logistics Management, McGraw Hill, (ISBN 0256141177). Langford, J. W. , 1994, Logistics: Principles and Applications, McGraw Hill, (ISBN 007036415X). Leenders, M. R. , Purchasing and Materials Management, 10th Ed. , McGraw Hill, 1992 (ISBN 0256103348). Nerseian, R. L. and G. B. Swartz, 1996, Computer Simulation in Logistics, Quorum Books, (ISBN 0899309852). Orsburn, D. K. , 1991, BMW, Spares Management Handbook, Tab Books, (ISBN 0830676260). Patton, J. D. , 1986, Logistics Technology and Management: The New Approach- A Comprehensive Handbook for Commerce, Industry, Government, Solomon Press, (ISBN 0934623023). Pooler, V. H. and D. Pooler, 1997, Purchasing and Supply Management: Creating the Vision, Chapman Hall, (ISBN 0412106019). Robeson, J. F. (Preface) and W. C. Copacino (Editor), 1994, The Logistics Handbook, Free Press, (ISBN 0029265959). Kidd, P. T. and W. Karwowski (Editors), 1995, Advances in Agile Manufacturing: Integrating Technology, Organization and People, IOS Press, (ISBN 9051991762). McMahon, C. and J. Browne, 1998, CADCAM: , Principles, Practice and Manufacturing Management, 2nd Ed. , Addison-Wesley, (ISBN 0201178192). Ross, P. J. 1995, Taguchi Techniques for Quality Engineering: Loss Function, Orthogonal Experiments, Parameter and Tolerance Design, 2nd Ed. , McGraw Hill, (ISBN 0070539588). Tompkins, J. A. , Y. A. Bozer, E. Frazelle, J. Tanchoco, and J. White, 1996, Facilities Planning, 2nd Ed. , John Wiley Sons, (ISBN 0471002526). Eppen, G. D. , 1998, Introductory Management Science, Prentice Hall, (ISBN 0536012024). Evans, J. R. , 1996, Production/Operations Management: Quality, Performance, and Value, 5th Ed. , West/Wadsworth, (ISBN 0314062475). Hillier, F. S. and G. J. Lieberman, 1995, Introduction to Operations Research, 6th Ed. McGraw Hill, (ISBN 0078414474). Krajewski, L. J. and L. P. Ritzman, Operations Management: Strategy and Analysis, 5th Ed. , Addison-Wesley, 1998 (ISBN 0201331187). Taha, H. A. , 1996, BMW, Operations Research: An Introduction, 6th Ed. , Prentice Hall, (ISBN 0132729156). Canada, J. R. , W. G. Sullivan, and J. A. White, 1996, Capital Investment Analysis for Engineering and Management, 2nd Ed. , Prentice Hall, (ISBN 0133110362). Fabrycky, W. J. and B. S. Blanchard, 1991, Life-Cycle Cost and Economic Analysis, Prentice Hall, (ISBN 0135383234). Fabrycky, W. J. , G. J. Thuesen, and D. Verma, 1997, Economic Decision Analysis, Prentice Hall, (ISBN 0133702499). Grant, E. L. , W. G. Ireson, and R. S. Leavenworth, 1990, Principles of Engineering Economy, 8th Ed. , John Wiley Sons, (ISBN 047163526X). Ostwald, P. F. , 1992, BMW, Engineering Cost Estimating, 3rd Ed. , Prentice Hall, (ISBN 0132766272). Stewart, R. D. , 1991, Cost Estimating, 2nd Ed. , John Wiley Sons, (ISBN 0471857076). Thuesen G. J. and W. J. Fabrycky, 1993, BMW, Engineering Economy, 8th Ed. , Prentice Hall, (ISBN 0132799286). How to cite Bmw Management, Papers
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