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The various methods at which a company can pay remuneration to its director is below: In the case of a public company, a company can pay not more than 11% of the net profit as calculated in a manner laid down in section 198 of the companies act. Whether it is Managing director or whole-time director.

A company is a legal entity formed by a group of individuals to engage in and operate a business?commercial or industrial?enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.

The history of ?company? is Old French, meaning compaignie, or companionship. And the history of ?business? is Old English, combining busy and -ness. It is in the etymology from culture to culture to culture, the real business value of a company depends on its people.

A company has a distinct entity and has its own legal rights and obligations, separate from those who are running the entity and its members. A company in the eyes of the law is distinct (separate) from the people who constitute it. It is capable of enjoying rights and is also subject to duties under the law.

A Section 8 Company is a non-profit organization that aims to promote charitable activities, art, science, education, and sports. The profits of such companies are utilized for promoting these objectives and are not distributed among the Company's members.

?A company is meant an association of many persons who contributemoney or money's worth to. a common stock and employ it in some trade or business and who share the profit and loss (as.

A company is a body corporate or an incorporated business organisation registered under the companies act. It can be a limited or an unlimited company, private or a public company, company limited by guarantee or a company having a share capital, or a community interest company.