Voluntary Association - A person can become member by his own will., Incorporate Association - Compulsory Registration under Companies Act, 2013., Separate Legal Entity - Existence of Company is different from its members and directors., Artificial Person - Created by Law and cannot act on its own., Perpetual Succession - Existence not affected by death, insolvency or retirement of any members., Common Seal - Signature of the company, Limited Liability - Personal property is not used to repay the debt or liabilities., Separation of ownership and management - Shareholders are owners and BOD are managers., Transferability of shares - A shareholder can sell his shares as and when he desires., Number of Members - PVT Ltd.=Min-2/Max-200 PUBLIC LTD.=Min-7/Max=Infinite, Capital - Hige amount collected through shares, debetures, bonds, public deposits, banks etc., Government Control - If a company does not fulfill legal oligations, it is penalized.,

Features of JSC

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?