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प्रश्न
Justify the following statement.
Shares of Private Limited Company are not freely transferable.
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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A Joint Stock Company is an artificial person created by ________.
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Indian Co-operative Society’s Act was passed in ________.
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_________acts as a signature of the company.
Select the correct option:
A | B |
______________ | Minimum 7 and maximum unlimited |
Answer in one sentence.
What is the meaning of Private Company?
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable