Normal course of business definition

Normal course of business means those acts which are engaged in by a business firm with a view toward winning financial gain, or those acts which are performed by a business firm in the conduct of the business firm as a business.
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Normal course of business means any operation or activity that represents a daily and common activity, carried out on a reasonable and professional basis, in conformity with past practices and procedures, and applicable Law in force, not subject to approval by the shareholders’ meeting, partners’ meeting, board of directors, executive board’s meeting or similar bodies.
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Normal course of business means those acts which are engaged in by a business firm with a view
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Examples of Normal course of business in a sentence

  • Normal course of business is defined as a daily activity undertaken by your organization that does not include housing only.

  • Independent sourceEffective controlsEvidence obtained directly by auditor Written evidenceOriginal documents Normal course of business Informed management Evidence about the future–––Maximum marks 4–––(b) (i) Responsibilities of those charged with governance1/2 mark for identification of responsibility and a further 1/2 if adequately described, but maximum 2.

  • Independent sourceEffective controlsEvidence obtained directly by auditor Written evidenceOriginal documents Normal course of business Informed management Evidence about the futureMarks –––Maximum marks 4––– (b) (i) What is meant by ‘those charged with governance’1/2 mark for identification of responsibility and a further 1/2 if adequately described, but maximum 2.

  • Normal course of business (asking for contract documents, asking for a policy to be enforced) is not lobbying.

  • Other Disclosure ParticularsRegulationsDetailsRelated party transactionRegulation 23 of SEBI listing regulations and as defined under the Act.All Material transactions entered into with related parties during the financial year were in the Normal course of business and approved by the audit committee.


More Definitions of Normal course of business

Normal course of business means an action/activity that is consistent in nature, scope and magnitude with the past practices of the Group and is taken in the ordinary course of the normal day-to-day operations in FMCG retail/wholesale, e.g. buying, transporting, producing, storing and reselling of goods through online, retail and/or wholesale outlets.
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Normal course of business means a transaction that is related to the transfer, sale, assignment, or encumbrance of assets and that satisfies any 1 of the following criteria:
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Normal course of business means any operation or action that represents a daily and common
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Normal course of business means the normal operation of the business, in accordance with practices usually adopted in industrial, commercial and financial activities, as well as the carrying out of businesses regularly developed by companies such as NET or BTVC, consistently with their past practices.
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Normal course of business means all those transactions, events, and activities that satisfy one or more of the below attributes:
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Normal course of business means all those transactions, events, and activities
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Normal course of business means for use in the normal course of business by a legitimate business or its agent, employees, or contractors, but only:
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