Scra doubt
This query is : Resolved
07 October 2013
Experts
what is meaning of corporatisation
and
demutualisation in SCRA
07 October 2013
Corporatization refers to the
transformation of state assets or
agencies into state-owned corporations
in order to introduce corporate
management techniques to their
administration. Corportaization is
sometimes a precursor to partial or full
privatization, which almost always refers
to a process by which formerly public
assets or functions are sold or given to
corporate entities by listing the shares
of the state-owned corporation on
publicly-traded stock exchanges. A
common model is for state institutions
to be corporatized and operated as
autonomous joint-stock companies,
while still being majority state-owned
and run by state entities separate from
a central government.This concept is a
major feature of the socialist market
economy.
transformation of state assets or
agencies into state-owned corporations
in order to introduce corporate
management techniques to their
administration. Corportaization is
sometimes a precursor to partial or full
privatization, which almost always refers
to a process by which formerly public
assets or functions are sold or given to
corporate entities by listing the shares
of the state-owned corporation on
publicly-traded stock exchanges. A
common model is for state institutions
to be corporatized and operated as
autonomous joint-stock companies,
while still being majority state-owned
and run by state entities separate from
a central government.This concept is a
major feature of the socialist market
economy.
07 October 2013
Demutualization is the process by which
a customer-owned mutual organization
(mutual) or co-operative changes legal
form to a joint stock company.It is
sometimes called stocking or
privatization. As part of the
demutualization process, members of a
mutual usually receive a "windfall"
payout, in the form of shares in the
successor company, a cash payment, or
a mixture of both. Mutualization or
mutualisation is the opposite process,
wherein a shareholder-owned company
is converted into a mutual organization,
typically through takeover by an existing
mutual organization.
a customer-owned mutual organization
(mutual) or co-operative changes legal
form to a joint stock company.It is
sometimes called stocking or
privatization. As part of the
demutualization process, members of a
mutual usually receive a "windfall"
payout, in the form of shares in the
successor company, a cash payment, or
a mixture of both. Mutualization or
mutualisation is the opposite process,
wherein a shareholder-owned company
is converted into a mutual organization,
typically through takeover by an existing
mutual organization.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
