The liability of shareholders of the company is always limited.
It is limited to the extent of the unpaid part of the face value of the shares held by them. Personal...
i. Letter of the offer must be sent to its shareholders for offering the rights issue.
ii. The prospectus is the document to be issued by the company if it wants to issue...
1. Directors collectively are called as Board of Directors.
2. The Board of Directors has to meet frequently with reference to the day-to-day working of the company.
3. All important decisions can...
A Joint Stock Company is a business organization with a wide scope of business activity.
Though shareholders of the company are the part of owners as well as the members of...
(i) The liability of shareholders of the company is limited.
(ii) The member of the Joint Hindu family business is called as co-parceners.
(iii) A Joint Stock Company is an artificial person created by law.
(iv) Co-operative...