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प्रश्न
What is meant by a Private Company?
उत्तर
A private limited company is a type of company that is formed with a minimum of two shareholders and two directors, the minimum requirement with respect to authorized or paid-up capital of Rs. 1,00,000 has been omitted by the Companies (Amendment) Act, 2015 w.e.f. 29th of May, 2015.
Another crucial condition of a private limited company is that it by its articles of association restricts the right to transfer its shares and also prohibits any invitation to the public to subscribe for any securities of the company.
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संबंधित प्रश्न
Correct the underlined word and rewrite the following sentence.
A private Company must have minimum 7 Members.
Correct the underlined word and rewrite the following sentence.
A public Company can have maximum 200 Membesrs.
Explain the following term/concept.
Associate company
Explain the following term/concept.
Limited Liability
Study the following case/situation and express your opinion.
Kali VFX Ltd. was incorporated on 1st Jan, 2019 as a public limited company.
a) How many minimum number of members must be there in this company?
b) Can the members of this company sell its shares to outsiders?
c) How many maximum number of members can this company have?
Study the following case/situation and express your opinion.
Sunset Printers Pvt. Ltd. was incorporated on 5th Dec, 2015 as per the provisions of Companies Act 2013. Mr. Manoj was the only subscriber to the Memorandum and Articles of Association and he was also the only member of the company.
a) Is this company a One Person company?
b) Will the liability of Mr. Manoj be limited or unlimited?
c) Will the company close down on the death, insanity or insolvency of Mr. Manoj?
Distinguish between the following:
Sole Trading concern and Joint Hindu Family Business.
What is meant by a Government Company?
Minimum number of members in a Private Company ______.
Minimum Capital of a Private Company.
