Joint stock companies - types of business organisations, Finance Basics

Joint Stock Companies - Types of Business Organisations

Initiators contribute to the capital support of those companies via the purchase of shares of those companies. These companies are governed via the Companies Act as Cap. 486 of 1948. Such should be registered along with the Registrar of Companies after that it is issued along with a certificate of incorporation that indicates the Birth of the company.

Note

They cannot contribute outside the scope of their "objective clause" in the activities. Differences between a partnership and a company occur under the given factors as:

  • Agency
  • Legal view as entity
  • Title of shares (transferability)
  • Going relates as dissolution
  • Liability
  • Governance
  • Membership number.
Posted Date: 1/29/2013 2:16:18 AM | Location : United States







Related Discussions:- Joint stock companies - types of business organisations, Assignment Help, Ask Question on Joint stock companies - types of business organisations, Get Answer, Expert's Help, Joint stock companies - types of business organisations Discussions

Write discussion on Joint stock companies - types of business organisations
Your posts are moderated
Related Questions
Net Present Value Method - Example Jeremy limited wishes to expand its output by purchasing a new machine worth 170,000 and installation costs are estimated at 40,000/=.  In t

Miller-Orr Model Unlike the Baumol's Model, Miller-Orr Model is a stochastic or like probabilistic model that creates the more realistic assumption of doubt in cash flows.

where can I get money and how can I manage it

Cash and Bonus Issue - Dividend For a firm to pay cash dividends, it should contain adequate liquid funds.Though, under conditions of liquidity and financial constraints, a fi

ROA - Return on Assets The Average of the industry ROA was 10.02% for 2004, 6.81% for 2005, and 7.32% for 2006. The chart showed that Lenovo had a little bit higher ROA th

WHat are the expected rates of reimbursement for this time frame for each player ?

Relationships and interactions among money, bond, stock and mortgage markets

In the present case, we need to take a decision about implementing one of the available two options, based on various factors. The available two options are either to complete a se

Comments : The approved budget for 1997, reduced government spending in housing and urban development, health and human service, and education. Ignoring any other modifications, ho

Distribution Policies   Most Recent Fiscal Year Fiscal Year (-1) Fiscal Year (-2) Fiscal Year (-3)