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Answer in one sentence. What is the meaning of Private Company? - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

What is the meaning of Private Company?

एक पंक्ति में उत्तर
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उत्तर

A Private Limited company is a company which by its articles restricts the right to transfer share, limits the maximum number of members to 200.

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अध्याय 4: Forms of Business Organisation - I - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 4 Forms of Business Organisation - I
EXERCISE | Q 1. H) 10) | पृष्ठ ९२

संबंधित प्रश्न

Give one word/phrase/term.
An elected body of representatives of co-operative Society for its day to day administrations.


Give one word/phrase/term.
The owner is the sole manager and decision maker of his business.


Give one word/phrase/term.
One man Show type of business organisation.


Give one word/phrase/term.
There is a free transferability of shares in this company.


Give one word/phrase/term.
The motto of the co-operative society.


Select the correct option and rewrite the sentence.

The head of joint Hindu Family Business is called as ___________


Select the correct option and rewrite the sentence.

Registration of partnership firm is _________ in Maharashtra


Select the correct option and rewrite the sentence.

The liability of the shareholders in the joint Stock Company is ________.


Select the correct option and rewrite the sentence.

A Joint Stock Company is an artificial person created by ________.


Indian Co-operative Society’s Act was passed in ______.


Match the pairs.

Group ‘A’ Group ‘B’
A) Private Company 1) Karta
B) Public Company 2) Local Market
C) Common Seal 3) 1932
D) Partnership Act 4) Maximum 200 members
E) Joint Hindu Family Firms 5) One Man Show
  6) Minimum Seven members
  7) Minimum 10 members
  8) Signature of Company
  9 ) Maximum 100 members
  10) Manager

Select the correct option:

A B
Minimum 2 and maximum 200 _____________

Select the correct option:

A B
Minimum 10 and maximum no limit _____________

Correct the underlined word and rewrite the following sentence.

In Private Company, there are minimum 3 (Three) directors.


Distinguish between Private Limited Company and Public Limited Company.


Justify the following statement.

Shares of Private Limited Company are not freely transferable.


What advantage does a joint stock company have over other forms of private sector organisations?


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