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प्रश्न
Briefly explain the following term: Perpetual succession
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उत्तर
It implies that a company will continue to exist until and unless it is forced by the law to wind up. This implies that a company, as a separate legal entity, cannot come to an end by itself and will continue to operate forever. It will not cease to exist even in situations such as death, retirement or insolvency of any of its members—that is, a company will continue to operate even if all its members die.
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संबंधित प्रश्न
The maximum number of member is a private company are ___________
a. 50
b. 40
c. 20
State true or false.
The ownership and management is not separated in a Joint Stock Company.
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Group A
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Group B
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(a) Registration of a company
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(1) 24th December
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(b) E-business
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(2) One man one boss
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(c) World consumers’ Right Day
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(3) Giving direction
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(d) Principle of unity of command
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(4) One man many bosses
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(e) Controlling
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(5) Outsourcing.
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(6) 15th March
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(7) Optional
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(8) Electronic business
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(9) Taking corrective action
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(10) Compulsory
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A company in which there are maximum 50 members.
A company which is incorporated under Special Act of Parliament.
Features of Multinational Companies.
Government companies are registered under special legislation.
The maximum number of members in a private limited company are ______.
Select the proper option from the options given below and rewrite the completed sentence.
The liability of the shareholders in the public limited joint stock company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The elected representatives of shareholders are called ________.
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum number of Directors in a public company are ________.
Distinguish between the following.
Private Limited company and Public limited company
Write short note on the following.
Features of Joint Stock company
State with reasons whether the following statement true or false.
A joint stock company can raise huge capital.
Write short answer of the following.
State merits of Joint Stock Company.
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Common seal
