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Title |
Companies and their types in India
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Authors |
Yakovlev А. U.,
Cand. Sc. Politics, Deputy of the Chairman of the
Department of the State and Municipal
Management of the State University of Management. 99, Ryazansky Av., Moscow, 109542.
E-mail: yak_igmu@inbox.ru
Yakovlev P. U.,
doctoral candidate of the Faculty of Law of the
People’s Friendship University of Russia. 6,
Miklukho-Maklaya Str., Moscow, 117198. E-mail: yak_igmu@inbox.ru |
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Section |
Civil
law |
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Issue |
5/2013 |
Page |
67-70 |
index UDC |
346.2(540)
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index LBC |
Х404.013(5Инд)
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Abstract |
This article studies the issues of
creating and functioning of companies in India. The author gives a definition
of a company which is stated in the Indian legislation and points out the
differences in the concepts of «company» and «partnership». The classifications
of companies based on the way of their registration, number of the members and their
responsibility are given. The author also makes a detailed analysis of
Indian Law on Companies and states the extracts from it. Part of the work is devoted
to the peculiarities of legal regulation of the status of the foreign
companies in the country. They are understood as organizations registered outside the
Indian Republic but operating inside the country. Foreign companies are
allowed to be of only three forms: representative office, project office or branch. |
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Keywords |
India, a company, commercial law, legal person. |
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References |
1. Podrobnee sm.: Jakovlev A.Ju.
Sistemnye sboi v gosudarstvennom upravlenii i ih posledstvija: issledovanie
voprosa na primere Indii [Systemic failures in
public administration and their
implications: studying the example of India] // Ars
administrandi, 2012, №1. – p. 85-100.
2. Section 3 of the Companies Act,
1956. |
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