Professional Documents
Culture Documents
Company Law: Sec. 3 (I) of The Companies Act, 1956 Merely States That
Company Law: Sec. 3 (I) of The Companies Act, 1956 Merely States That
Incorporated Association:
The company must be incorporated or registered
under the companies Act or Prior Company Laws.
2.
4. Perpetual Succession :
5. Limited Liability:
The members of the company are liable to contribute
towards payment of its debts to a limited extent, eg.in a
company limited by shares, a members liability is limited to
the nominal value of the share.
6.
Transferable Shares:
7.Common Seal:
Kinds Of Companies
A). On the basis of mode of
Incorporation:
1.
2.
3.
2.
3.
2.
3.
A.
B.
Private
Company
Public Company
1.
1.
2.
3.
4.
5.
6.
2.
3.
4.
5.
6.
Public Company
Public Company
7. Necessary
Public Company
Public Company