Reasons for the introduction of a supervision order
The reasons for this. To follow is summarized below. a. If the rules of the law does not meet in full. b. If the …
The reasons for this. To follow is summarized below. a. If the rules of the law does not meet in full. b. If the …
We can explain the difference between joint stock company and cooperative society as under these headings : 1. LEGISLAT…
WINDING UP OF A COMPANY :- The company is created by law when the legal existence of a company abolishes it is called t…
RESOLUTION :- Pit field has defined the resolution in the following words : " A formal declaration at the will or …
1. STATUTORY MEETING :- it is the first meeting of a company shareholders. Its objective is to inform the shareholders …
Duties of the Secretary :- The work and duties of the secretary changes with the size and nature of the company. Anyhow…
Functions of Directors :- The duties and functions of the directors are determined in Articles of Association. The func…
Management Authority :- Following are the important groups of persons who control and manage the affairs of joint stock…
We can distinguish between partnership and joint stock company by the following ways : 1. Formation :- Partnership :…
SHARE :- An authorized capital of a company is divided into small parts. Every part is called share. A person who purc…
1. IMPORTANCE :- Memorandum of Association : It has primary importance in the formation of company. Article of Assoc…
Prospectus :- Prospectus is a document in which company invites the public to purchase its shares. Purchase may be def…
It is a document in which rules and regulations are written which govern the internal administration of the company. It…
Formation of Joint Stock Company Following steps are taken for the formation of Joint stock company : 1. Promotion :- P…
PRIVATE LIMITED COMPANY :- According to 1984 company ordinance a private company has been defined in the following word…
Following are the important kinds of joint stock company : 1. Chartered Company. 2. Statutory Company . 3. Register…
Disadvantages of Joint Stock Company Following are the main disadvantages of Joint stock company : 1. Complicated proce…
ADVANTAGES OF JOINT STOCK COMPANY Following are the important advantages of Joint stock company : 1. Expansion of Busin…
Definition Of Joint Stock Company :- A joint stock company is an artificial person recognized by law with a distinctiv…
The directors of company have to forward a report to each member at least 21 days before before the day in which the st…