terms and concepts

The notice of a meeting is an advance written intimation containing day,date ,time and place given by company to all those who are entitled to receive it.

Agenda means statement containing a list of items to be discussed at the meeting

Qourm is the most essential condition for valid meeting corem means the minimum number of members required to be present at the meeting.

A proxy is a person who attends a General Meeting and votes and behalf of a member for the company every member of a company has statutory right to appoint a proxy.

A motion is a proposal put before a meeting for its consideration and adaptation a motion is liable to alteration before it is adopted by the meeting a person who puts a fourth motion in the meeting is called a proposer or a mover.

The term minutes means written records of proceeding of a meeting

A motion accepted in a meeting is called resolution.a resolution is a formal and final decision of a meeting. No discussion is allowed on the resolution every resolution should be recorded in Minutes book.

To vote means to express opinion in a formal way after discussion on motion in a meeting it is put to vote for knowing the opinion of members voting is necessary to ensure the sense or trend of the meeting.

It is the main authority concerned with administration of Companies Act 2013 and other allied acts and rules and regulations.

The central government appoints the ROC for registration of companies and administrating the provision of Companies Act in the state over which it has to jurisdiction.

This account is normally opened by business person from a companies there is no limit on the amount or number of withdrawals.

A separate cash credit account is to be opened to avail this facility under cash credit facility a bank allows the border to withdraw amount upto specific limit.

The directors occupy very important position in the management of the company the board of directors are the elected representative of the shareholders .directors are responsible for decision making framing plans and policies.

Business communication is a branch of general communication which is especially concerned with business activities .whe communication takes place among business entities concerning business affairs or related business issues it is known as business communication.