CS Executive: Setting Up of Business case studies
CS Executive: Setting Up of Business · Put your knowledge to work in context.
Setting Up of Business is a paper in the Company Secretary Executive programme, the intermediate stage of the CS qualification in India. It sits at the point where a candidate stops thinking like a student of law and starts thinking like the person a promoter calls before a company exists: which vehicle to choose, what to file, who sits on the board, how money and people are brought in, and which regulators will want to hear from you afterwards. The CS Executive: Setting Up of Business case studies are 5 cases and about 3,892 words.
1Choosing Between a Partnership, an LLP and a Private Company for a Four-Promoter Analytics Venture
Four professionals - two engineers and two finance specialists - plan to launch a B2B analytics venture in Pune. They will contribute ₹50 lakh in cash, and one founder will contribute a proprietary software licence valued at ₹40 lakh; the licence is currently registered in that founder's name, not in a firm or company.
859 words, about 4 min2Name Rejection, a Foreign Subscriber and a Residential Registered Office
Two founders incorporate 'NovaGrid Technologies Private Limited' through SPICe+. The name is rejected on the ground that it is identical or too nearly resembles an existing 'Novagrid Tech Private Limited'.
766 words, about 4 min3Independent Director Vacancy and a Related-Party Machinery Purchase
Zenith Precision Limited is an unlisted Indian public company with paid-up equity capital of ₹18 crore, turnover of ₹140 crore in the last financial year, and outstanding borrowings of ₹60 crore. Its board has seven directors: a promoter-chairman, his brother as managing director, two non-executive promoter nominees, two independent directors and one professional director.
818 words, about 4 min4A Purchase Order Signed by a Director Beyond His Board Authority
Ravi is a director of Sunrise Foods Private Limited, which has three directors. The articles do not expressly authorize a single director to bind the company.
723 words, about 4 min5Software Ownership, GPLv3 Code, a Trademark Opposition and a Departing Developer
A Bengaluru start-up, MedTrack Innovations Private Limited, has developed a patient-scheduling app. The founding CEO engaged a freelance developer, Anil, under a one-page work order that says 'all work product will be owned by the company' but has no IP assignment clause and no confidentiality clause.
726 words, about 4 min