Case study of indian companies pdf
This case discusses the constant innovations brought about by the bookstore and how it has brought international standards of book retailing to Indian customers. Will its return to Japan combining with Yahoo be successful?
The case also covers the early years of eBay how Pierre Omidyar founded eBay and its international expansion. Starbucks, the leading retailer, roaster and brand of specialty coffee in the world, has been struggling amidst a faltering economy, its own rapid growth and increased competition from cheaper rivals.
Case Study on Ryanair, the biggest low-cost European Airline. Shortly afterwards he opened a business in the name of a company which solicited the plaintiffs customers. Judgment-It was held that the company was a mere cloack or shaw for the purpose of enabling the defendant to commit a breach of his covenant against solicitation. The court will refuse to uphold the separate existence of the company where it is formed for a fraudulent purpose or to avoid legal obligations.
Daimler Co. The remaining one was held by a British. Thus the real control of English Company was in German hands. It is not a natural person with mind or conscience. It can neither be loyal nor disloyal. It can be neither friend nor enemy.
But it can assume enemy character when persons in defacto control of its affairs are residents in any enemy country or whenever resident, are acting under the control of enemies. Held that company was an enemy company for the purpose of trading and therefore it was, barred from maintaining the action.
Workmen employed in associated rubber industries Facts — A subsidiary company was formed wholly by the holding company with no assets of its own except those transferred to it by the holding company, with no business or income of its own except receiving dividend from shares transferred to it by the holding company. Judgment — Court held that the new company was formed as a devide to reduce the profitsof the holding company and thereby reduce the bonus to workmen.
Films Ltd. Judgement — The contention of the sensor board of films refusing to register the film on the ground that British company has acted merely as an agent of British company was correct. Guardian signed separately for each of 5 memebers. The ROC however registered the company and issued under his hand a certificate of incorporation. Petition — Plaintiff contended that COI should be declared as void. Judgment — The court held the certificate to be conclusive for all purposes.
Jubilee Cotton Mills Ltd. On Jan 6th the company made an allotment of shares to Lewis Judgment — Court held that certificate was conclusive evidence of incorporation on Jan 6th and that the allotment was not void on the ground that it was made before the company was incorporated. The company abandoned its banking business and confined itself to investment activities.
Judgment — Court held that the company was not entitled to do. The directors entered into a contract with Richie to finance the construction of railway line. The shareholders later rejected the contract as ultravires. Judgment — The court held that the contract was ultravires and therefore null and void. Turquand Facts - The Directors of a company borrowed a sum of money from the plaintiff.
The company's articles provided that the directors might borrow on bonds such sums as may from time to time be authorised by a resolution passed at a general meeting of the company.
The shareholders claimed that there had been no such resolution authorising the loan and, therefore, it was taken without their authority. The company was however held bound by the loan.
Persons dealing with the company are bound to read the registered documents and to see that the proposed dealing is not inconsistent therewith. Outsiders are bound to know the external position of the company, but are not bound to know its indoor management. Company may ratify the ultra vires borrowing by the directors if it is taken bonafide for the benefit of the company.
Exception to Turquand rule Ruben Vs. Great Fingall Consolidated Facts - The plaintiff was the transferee of a share certificate issued under the seal of a defendant company.
It is quite true that persons dealing with limited liability companies are not bound to enquire into their indoor management and will not be affected by irregularities of which they have no notice.
But the doctrine of indoor management, which is well established, applies to irregularities which otherwise might affect a genuine transaction. It can't apply to a forgery. Plaintiffs suit for damages did not succeeded because turquand's rule did not apply where the document was forged.
Anand Biharilal Vs Dinshaw and Co. Thus the document was passed on privately through a small circle of friends of directors.
Judgment — The court held that there was no issue to public, and it doesnot amount to prospectus as it was not offered to public. Who can sue on a false and misleading prospectus Only primary market allotees Peek Vs Gurney Facts — A fraudulent prospectus was issued by the directors.
Download Free PDF. Swathi Ajith. A short summary of this paper. Business ethics has become very important in corporate firms because of its growing need and importance.
Ethics means the set of rules and regulations that the organization must follow. While in business ethics refers to a code of conduct that the corporates are expected to follow while doing business. The company is head quartered at Atlanta, Georgia and has its branches spread out throughout the world.
The Coca Cola Company started its functioning in India in the year But due to certain issues with the government and multinational companies, the operations of the company started on full swing from October To ensure that the company is following its ethics, it prescribes to the anti corruption laws in every country in which it operates.
All the members and associates of the company are required to know the business conduct of the company. The company restrains from corruption of any form including bribery. According to its ethical policies, the company is committed to build an ethical business culture across all its worldwide operations and its broader system, particularly focusing on the business that it conducts in countries where there may be a higher risk of unethical behaviours.
This role is a critical part of bringing together its ethics and compliance program to life around the globe, ensuring global consistency and local relevance. LEOs serve as a resource for workers to ask questions and share their concerns and are also the keeper of their Code on a local level. It has established many communication and management routines to keep this important network of compliance resources current on the latest trends, tools and elements of the programs and to enable the sharing of best practices globally.
This cross-functional senior management team overlooks all the ethics and compliance programs and decides on the Code violations and discipline. One of the prominent cases of corporate ethics violation is the Kingfisher airlines scams. The Serious Fraud Investigation Office found out that there were serious compromise of business ethics between the kingfisher airlines and Deccan aviation limited. The study focuses on finding out where the coco cola company went short on following their business ethics and how the livelihood of a whole village was compromised.
Companies, especially food companies must make sure that the end product is safe for the consumers to use and no poisoning or side effects will be caused to them afterwards. But the marketers of the company comes up with huge marketing strategies to boost the sales of their products.
In the case of Maggi, it was found that lead was present in the noodles, the sales of the company went down drastically, and people were also affected with food poisoning. This shows the severe carelessness and their incapability in following their business ethics.
When we take the example of coco cola itself, researchers have proved that some of the items used are not fit for consumption. Fall in ethics and thus causing harm to the consumers is a major drawback of any corporate.
It was a human rights violation done by the company. This theory comes under the family of consequentialist ethical theories. It puts forward actions that promote overall happiness or pleasures and rejects actions that cause unhappiness or harm.
This theory supports the study as it talks about the wellbeing and interests of the people. They argued that every positive action tends to create something good and will create happiness and a wrong will tend to create unhappiness.
This theory is in opposition to egoism where a person should pursue his own self-interest even at the expense of others. The coca cola company is bound to follow this theory as per its business ethics, because the company according to the ethics that it has stated has a responsibility towards the people. Research design The design used for this study will be the exploratory research design.
Exploratory research is a research done for a problem that has not been studied deeply, it is meant to establish priorities, develop operational definitions and improve the final research design. Exploratory research helps determine the best research design, data-collection method and selection of subjects. This case study is on finding out where the coca cola company fell short while following its ethical principles in the village of plachimada in Palakkad district.
Research Tool Case study method is used in this study where a detailed sketch of the incident is taken into account. Sources of data. Secondary data sources are available for this study. Data has been collected from various newspaper articles and write ups.
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