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Private limited companies (Pvt. ltd companies) are the best way to do business if you want to make profits and have limited liability. Apart from the benefits of limited liability and minimal compliance with statutory requirements, Pvt. ltd businesses offer the following:
Separate legal entity
An entity is a thing that has a distinct existence. A company is both a legal entity as well as a juristic person created under the Act. A juristic person can be defined as a person who is not an individual or a human being. A company is a legal entity that can possess property and incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts. A Pvt Ltd is therefore a separate legal entity from its members.
Live a life uninterrupted
Perpetual succession is the continued existence of a company until it is legally dissolution. Because a company is a separate legal entity, it is not affected by the death of any member. However, the company continues to exist regardless of changes in its membership. One of the most important features of a company is its ability to perpetuate succession.
Limited Liability
Limited liability is when a person is only legally responsible for a small number of debts owed to a company. Limited liability companies are different from partnerships and proprietorships in that the liability of members for the company's debts can be limited. The members' liability for company debts is therefore limited to the value of their shares. If a company is restricted by shares, members are only liable for the unpaid shares.
Also, check out Private Limited Company Registration in India.
Transferable shares are free and easy
A shareholder can transfer shares of a company that is limited by shares. Transferring shares of a company limited by shares is easier than transferring an interest in a partnership or proprietary concern. It is easy to transfer shares by signing and filing a transfer form.
Proprietary ownership
A company, being a juristic entity, can acquire, possess, enjoy, and alienate property in its name. As long as the company continues to be a going concern, no shareholder can claim any property. The company's property is not owned by shareholders. The true owner is the company.
Capacity to sue, be sued
Suing means to file legal proceedings against someone or bring a lawsuit in court. A person can bring a lawsuit against another person in their own name. However, a company can sue in its own name and can also sue.
Dual Relationship
A company can make valid and binding contracts with its members through the company structure. A person can also be a director or shareholder of a company while being employed by it. A person can be both a shareholder, creditor or director of a company, as well as an employee.
Borrowing Capacity
Companies have better options for borrowing money. It can issue both secured and unsecured debentures. They can also accept deposits from public sources. Banks and financial institutions will often provide large financial assistance to companies rather than to partnership firms or proprietary concerns.
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If you are keen on becoming a successful small business person, you are probably already contemplating studying at top-notch business schools abroad. An MBA degree is a clear choice, but would an EMBA be a better choice?
To compose your mind, you should first learn the differences between the two prestigious business degrees. Naturally, you'll also have to figure out if you fulfil the necessary conditions to be admitted for the level, and in the event that you can afford the tuition fee. We'll cover all of this and more, to make your choice easier.
MBA vs EMBA - What's the gap?
Masters of Business Administration or even MBAs are some of the most popular small business levels from the past ten years which continue to draw a great number of pupils, despite the high contest and pricey tuition rates.
First introduced at universities and colleges in the United States, now you can select from 2,500 MBA programmes from all over the world, a lot of them English-taught.
On the flip side, EMBAs or Executive MBAs have been all thought to be the best investments you can make for your future. Worldwide business colleges and universities introduced EMBA programmes to reply to the instruction needs of working executives, managers, supervisors, and other company leaders.
An EMBA (Executive Master of Business Administration) is much like a common MBA, but in fact, they are created for seasoned working professionals, particularly chief officers, managers or business owners. Because they are working people, EMBA students may attend evening or weekend classes, permitting them to finish the Master's degree within two decades or not.
Also, read about Executive MBA joint degree program by IIT Bombay and Washington University in St. Louis.
Class schedule and research length
The course schedules for a conventional MBA degree are less flexible. Most MBAs are full-time, students have intensive programs, which will not usually enable them to join the MBA having a normal job. An MBA generally requires two years to finish, but it can be extended to four or three years if you decide to research part-time.
EMBA students are offered enrollment assistance, meal delivery, textbooks, and other useful tools.
They also have the exact colleagues throughout the whole length of their course, in contrast to MBA students who usually have various classmates from 1 year to the other. In terms of networking, meeting new people annually is an unbeatable benefit for MBA students.
MBA degree application demands
Bachelor's degree in any area
Transcript of documents
At least 3 years of professional work experience
Experience in a manager role not compulsory, but it's favoured
GMAT exam score
GRE exam score
Minimum English language scores: IELTS Academic 6.0, TOEFL iBT 70, PTE Academic 60
Letters of recommendation
Resume/CV
Minimum age limitation (only at some universities)
EMBA degree application requirements
Remember the admission conditions for MBAs and EMBAs recorded above are general. Many universities may have additional criteria or they could require higher English language or GMAT/GRE test scores. Always check the programme research site or the university website for the official demands.
The Way to select between an MBA and an EMBA?
The fundamental Things Which You need to remember and that might help you determine are:
MBA courses normally have a predetermined schedule, in comparison to EMBAs, at which students attend classes in the evenings and on weekends.
Due to the class versatility, EMBA students can quickly combine research with work.
MBA students have a broader option of elective courses, compared to EMBA students.
Since EMBA students generally have o electives, it is possible to complete an EMBA in the identical period of time as an MBA.
Both study options offer you exceptional credibility in the company environment, enabling you to discover career opportunities in a wide range of industries. MBAs and Executive MBAs are recognized anywhere, and that means you aren't limited to finding work in your home country. An MBA or EMBA graduate usually earns a greater salary, ranging from 90,000 to 150,000 EUR per year on average.
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Here you will discover the 10 most essential preparation tips for your CBSE Board Exam 2021. These suggestions are very useful to utilise your study time and put the effort in the best possible manner, which makes you able to score high marks in the examinations.
CBSE Class 10th and Course 12th board exams to the academic year 2020-21 will begin from 4th May 2021. The board has released the detailed time table for the exam.
At the moment, students are busy with the analysis of the complete class and preparation for effective revision before exams. They might be under tremendous pressure to perform well in their examinations. But this extensive stress will finally lead to anxiety and stress.
In this article, we'll discuss some tips and tricks as indicated by the experienced CBSE teachers and board exam toppers, to create organized and effective preparations for the upcoming CBSE Class 10th and Course 12th Board Exams 2021.
Also, watch a video of NCERT Solution for Class 10 Maths that will build confidence in you.
These tips are certain to help you all reduce the exam stress and increase your opportunities to grab over 90 per cent marks on your examinations. 10 Best Methods for CBSE Board Exam Preparation are mentioned under:
Select the Ideal time to start preparing for your board exams
Though each student has different learning capabilities so we can't decide when each student should begin getting ready for the examinations. Nonetheless, there is a frequent approach to exam preparation that needs to be adopted. People who are not done with the revision of the entire syllabus or haven't started yet can begin now to ignore the disappointment at the time of exam results.
A fantastic schedule will make your exam preparations easy
Without proper preparation, it's almost impossible to attain your target. Thus, to create an effective preparation for the upcoming CBSE board examinations, every student should prepare a correct study time table and then make a habit to stick to the same.
Sufficient time should be devoted to self-study
After school or training classes, every student must take out some time which he/she can devote entirely to self-studies in order to analyse and practice the subjects learned in school or coaching class. You have to spare enough time so that you are able to achieve some prefixed study targets.
Adopt the best study habits to excel in board exams
To do well in board tests, each student must have some significant research habits that might help them stand in the queue of high scorers. Creating a study plan and sticking with it, being educated and disciplined, balancing the academic and private life are some of the good qualities cum customs, which a pupil must adopt.
Create a strategy to find long answers for the board exam
It's quite obvious for pupils to panic while learning long responses as engulfing the massive text is never an easy job. So, to overcome the terror of learning long answers, students should prepare a strategy for long answers, like breaking them into paragraphs, writing them on paper and connecting them to real-life scenarios in order to retain them in the brain for quite a very long time.
Practising previous years’ exam papers prepare you, fitter, for the future challenge
Students are always suggested to resolve more and more preceding years' question papers, particularly when they are done following the revision of the entire syllabus. Practising question papers helps you monitor your prep level and understand where you're lacking or are powerful.
Solve CBSE Sample Papers:
CBSE Sample newspapers are released by the board for many areas for courses 10 and 12 a few months prior to the commencement of board exams. Teachers suggest that practising together with the CBSE sample newspapers are ideal to begin your examination preparations. They also ask the students to experience the marking schemes released by the board to understand the way their answers would be evaluated in board tests.
Take regular breaks to appreciate yourself
Avoid studying for extended hours continuously. Instead, take regular intervals every 50-60 minutes. These intervals are significant to relax your brain and recover your energy to get ready for another study session. They help to keep your mind focused and alert.
Throw away the test fear and just relax
Fear, anxiety and stress are only going to hamper your preparations and ultimately impact your operation in board tests. So, rather than taking stress, start getting ready for the exam with a relaxed mind. You simply have to spend the best attempts, the result will automatically come out are the ideal.
Compose your board exam suitably
After preparing difficult for the board examination, now's the time when your answer sheet must reflect your hard work. You have to follow the appropriate practices and approaches to write the replies in the best way and complete your exam well on time. Make the best use of this 15 minutes reading time allotted before starting writing the exam.
Board examinations are regarded as the most essential stage in the academic life of a student as it affects his career prospects later on. A good score in board examinations makes it possible to take your preferred course at another stage and proceed to your fantasy career. All the preparation tips mentioned in this article are certain to help you write your CBSE Board Exam 2021 in the most suitable manner and score optimum marks.