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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.
A partner who gives his name to the partnership firm.
Give one word/phrase/term.
There is a free transferability of shares in this company.
Give one word/phrase/term.
An organization which is service-oriented.
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.
Registration of a Joint Stock Company is ________.
Select the correct option and rewrite the sentence.
Liability of member of a Co-operative Society is ________.
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 |
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Private sector enterprises are owned and managed by the _____________
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.
Which industry is strongly influenced by India’s private sector growth?
Amul Dairy is an example of which form of organisation?
What advantage does a joint stock company have over other forms of private sector organisations?
