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प्रश्न
Justify the following statement.
Shares of Private Limited Company are not freely transferable.
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उत्तर
- According to the Companies Act, the right to transfer shares is restricted by its articles.
- Only a public limited company has the right to transfer shares freely.
- Thus, shares of Private Limited company are not freely transferable.
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संबंधित प्रश्न
Give one word/phrase/term.
The owner is the sole manager and decision maker of his business.
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One man Show type of business organisation.
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There is a free transferability of shares in this company.
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A partnership agreement in writing.
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The motto of the co-operative society.
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An organization which is service-oriented.
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The head of joint Hindu Family Business is called as ___________
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A Joint Stock Company is an artificial person created by ________.
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Registration of a Joint Stock Company is ________.
Select the correct option and rewrite the sentence.
Liability of member of a Co-operative Society is ________.
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 | _____________ |
Answer in one sentence.
What is the meaning of Private Company?
Answer in one sentence.
What do you mean by a Public company?
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable
Distinguish between Private Limited Company and Public Limited Company.
Amul Dairy is an example of which form of organisation?
