1.Types of joint ventures. Three most common types of joint venture companies may be described as follows- [A] Two parties, who/which may be individuals or companies, one of them non resident or both residents, incorporate a company in India. For more help visit to: www.jointwebventures.com.Business of one party is transferred to the company and as consideration for such transfer; shares are issued by the company and subscribed by that party. The other party subscribes for the shares in cash. [B] Alternately, the above two parties subscribe to the shares of the joint venture company in agreed proportion, in cash, and start a new business. [C] Promoter shareholder of an existing Indian company and a third party, who/which may be individual/company, one of them non-resident or both residents, collaborate to jointly carry on the business of that company and its shares are taken by the said third party through payment in cash. 2. Incorporation. In case a new joint venture company has to be formed in India, the following are pertinent issues to decide: [A] Formalities {1} whether the joint venture company will be a public or a private limited company, {2} the place of Registered Office of the Joint venture Company, {3} propose a name of the joint venture company and check its availability from the Registrar of Companies {ROC} where the registered office of the company is to be situated and the company is to be incorporated, {4} choose the subscribers to the Memorandum of Association which will obviously include the partners to the joint venture and their nominees, In case of public company, after obtaining certificate of Commencement of Business for which the company has to file with the ROC prospectus/statement in lieu of prospectus, and the statutory declaration u/s 149 of the Companies Act 1956, duly stamped. For more help visit to: www.joint-venture-guide.com.Inter-corporate investment u/s 372A of Companies Act. Where an Indian company [partner] acquires shares of the joint venture company which is exceeding 60% of its [Indian company's] paid-up capital and free reserves or 100% of its free reserves, whichever is more, Section 372A will apply requiring prior Board decision of the Indian company as well as special resolution of its shareholders. If a foreign company acquires the shares, this section will not be invoked as it applies only to a "company" defined under section 3 {1} [I] of the Act which does not take into account a foreign company. Approvals the Joint Venture agreement should be conditional upon obtaining all necessary approvals/ consents/ licenses /permissions of appropriate agencies of Government of India like RBI/SIA etc within specified period. If any of the approvals are not received, or received late, the agreement cannot be enforced and the joint venture cannot proceed on the basis of the Agreement.
Types Of Joint Movement
Every time we move tiny movement receptors called mechanoreceptors, found in our joints, send input into our brain. This input stimulates our brain and keeps it 'working'. Our brains are no different than a muscle, it needs constant stimulation or it will quickly start to atrophy. Roger Sperry who received the Nobel Prize for his brain research states movement of the spine is especially important for our brains to function properly.
Activities such as coordination, concentration, learning, emotions and even immunoactive organs depend on our brains being stimulated. If our joints are subluxated resulting in decreased motion, our brains will be the first to suffer!
In our current environment where desk jobs and video games are becoming more prevalent and movement is decreasing each and every day we need to stop and remember you cannot separate structure from function!
Pain is not a prerequisite to become healthy, make an appointment to have your joints checked for underlying subluxations. Keep your brain functioning at an optimum level by preventing joint dysfunction before it occurs.
Disclaimer: The information contained in this article is intended to help you make informed decisions about your health. Please make an appointment with Dr. Brandon DiNovi, Chiropractic Physician for further information.
Both Meena.jan2009 & Dr. Brandon DiNovi are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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Dr. Brandon DiNovi has sinced written about articles on various topics from Health, Other Conditions and Joint Venture. Dr. Brandon DiNovi received his Doctoral degree from Logan College of Chiropractic and a bachelor's degree in Exercise Science and Wellness at Bastyr University. He received a second bachelor's degree, in Biology, from Logan College.Whil. Dr. Brandon DiNovi's top article generates over 3600 views. Bookmark Dr. Brandon DiNovi to your Favourites.