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प्रश्न
State true or false.
The ownership and management is not separated in a Joint Stock Company.
विकल्प
True
False
उत्तर
False.
(i) The shareholder in the company is large and they are spread all over the country. Therefore, they cannot take part in the day to day routine business of the company.
(ii) Therefore, the management of the company is done professionally by experts who are the representatives of the shareholders are called the board of Directors.
(iii) Further, these shares are easily and freely transferable in public limited company. The shareholder does not have to take permission of other shareholders or the company before transfering the shares. Therefore, the membership of the company keeps changing on frequently.
(iv) Hence, shareholders appoint their representative i.e. the Board of Directors who handles the management on their behalf. Thus in joint Stock company management and ownership is separated.
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संबंधित प्रश्न
The maximum number of member is a private company are ___________
a. 50
b. 40
c. 20
Distinguish between Private Company and Public Company.
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Group A
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Group B
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(a) Registration of a company
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(1) 24th December
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(b) E-business
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(2) One man one boss
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(c) World consumers’ Right Day
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(3) Giving direction
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(d) Principle of unity of command
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(4) One man many bosses
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(e) Controlling
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(5) Outsourcing.
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(6) 15th March
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(7) Optional
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(8) Electronic business
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(9) Taking corrective action
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(10) Compulsory
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A company in which there are maximum 50 members.
Features of a Government company.
A company which is incorporated under Special Act of Parliament.
Government companies are registered under special legislation.
Select the proper option from the options given below and rewrite the completed sentence.
The maximum number of members in a private limited company are ________
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
Select the proper option from the options given below and rewrite the completed sentence.
Registration of a Joint stock company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum amount of paid up capital for public company is ________.
Write short note on the following.
Features of Joint Stock company
State with reasons whether the following statement true or false.
A joint stock company can raise huge capital.
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Perpetual succession
Briefly explain the following term: Common seal
Briefly explain the following term: Artificial person
