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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.
An elected body of representatives of co-operative Society for its day to day administrations.
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.
A partnership agreement in writing.
Give one word/phrase/term.
The motto of the co-operative society.
Give one word/phrase/term.
An organization which is service-oriented.
Select the correct option and rewrite the sentence.
A sole trading concern ensures _________ business secrecy.
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.
Liability of member of a Co-operative Society is ________.
Select the correct option and rewrite the sentence.
_________acts as a signature of the company.
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 |
Complete the sentence.
Private sector enterprises are owned and managed by the _____________
Select the correct option:
| A | B |
| Minimum 2 and maximum 200 | _____________ |
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable
Which industry is strongly influenced by India’s private sector growth?
Amul Dairy is an example of which form of organisation?
Which feature of private sector organisations states that businesses are managed by owners or professionals?
