LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Easy Office

corporatisation

Anjana Chugh (Chartered Accountant) (73 Points)

25 February 2008

pls tell me wat is corporatisation and demutualisation?.....................

Reply
Follow
Share

4 Replies

S.Srinivasaraghavan (Chief Financial Officer and Co) (11318 Points)
Replied 25 February 2008

Demutualisation refers to the conversion of a “not for-profit” organisation into a “for profit” company. It refers to the transition from “mutually-owned” association to a company “owned by shareholders”. Further, the company may choose to be a listed or an unlisted, closely held public company. The concept of Demutualisation can be applied to any “non-profit “organisation or association.

Corporatisation is nothing but giving an organisation a legal personality and perpetuity.

pushpendra (Director- FinMAT Consultants) (1703 Points)
Replied 26 February 2008

Thanks for good answer

Vijay (CA) (254 Points)
Replied 26 February 2008

Hi Srinivas Thanks a lot for this knowledge updation.

Anjana Chugh (Chartered Accountant) (73 Points)
Replied 26 February 2008

thank you sir............. but can u explain it a bit more in relation to securities contract act,1956 ............... section-2..........

Join CCI Pro

Recent Topics

More recent discussions | Post

Popular Discussion

Start a New Discussion

Easy Office

Trending Online Classes

Live class on Bonus & Gratuity(with recording)

Mr.Balamurugan Ranganathan

Enroll Now

25 April 2024
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)

CA Arun Chhajer

Enroll Now

21 April 2024
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"

CA Vishal Zawar

Enroll Now

01 May 2024

view all classess

CCI Pro

Subscribe to the latest topics :

Search Forum:

Forum Home

Popular Threads

Recent Posts

Unreplied Threads

Settings