Non-governmental organisations, also known as non-profit organisations, are organisations formed for non-profit or selfless purposes; these organisations are basically formed to promote social welfare, social development, and other charitable purposes. In India, such an organisation may begin as a section 8 company, a trust or a society. Keep in mind that these are not the …
The board meeting is a formal meeting of a company’s top executives/Board of Directors, held at definite intervals to take policy decisions and discuss company-wide issues. Board meetings ordinarily bring together the directors of an organisation. In the board meeting, the board reviews the organisation’s past performance, engages in planned considerations, and certifies plans of action …
Authorized capital is the maximal amount of capital that an organization can issue in shares to its shareholders. The initial authorized capital of the company is mentioned in the MOA of the company and is usually one lakh rupees. An organization is not permitted to provide shares beyond the specified limit. Hence, if an organization …