Partnership at will, Partnership for a particular period, Limited Liability Partnership, Partnership for a particular venture.

1. In a Joint Hindu Family Business, there are two types of members – Karta and Coparceners.  2. The karta has unlimited liability and he is the only decision making authority....

The liability of shareholders is limited in Joint Stock Company. Personal property cannot be used to pay the debts of the company. Liability is limited to the unpaid part of the face...

i. Yes, this is a One Person company, because only one/single person is a member of this company. ii. The liability of Mr. Manoj is limited. iii. No, Company will not close down on the...

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...

1. Bajaj Auto Limited – Public Limited Company  2. Coal India Limited – Government Company  3. Microsoft India – Subsidiary Company of American Software Company Microsoft Corporation 4. Kirloskar Foundation – Company Not for...

i. (b) Liability ii. (c) Capital iii. (a) Articles of Association iv. (a) members v. (b) Prospectus vi. (b) Shelf vii. (a) Red Herring Prospectus

i. No, ZEN Limited cannot invest in the shares of itself. ii. Yes, ZEN Limited can invest in the shares of TEN Limited. iii. Justification: ZEN limited being a legal person can be a member of...

Correct option is (b) Contingent

LLP means where partners have limited liability and the personal assets of partners are not attached.