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प्रश्न
Briefly explain the following term: Perpetual succession
उत्तर
It implies that a company will continue to exist until and unless it is forced by the law to wind up. This implies that a company, as a separate legal entity, cannot come to an end by itself and will continue to operate forever. It will not cease to exist even in situations such as death, retirement or insolvency of any of its members—that is, a company will continue to operate even if all its members die.
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संबंधित प्रश्न
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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Private Company and Public Company
Government companies are registered under special legislation.
Select the proper option from the options given below and rewrite the completed sentence.
The liability of the shareholders in the public limited joint stock company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The elected representatives of shareholders are called ________.
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 number of Directors in a public company are ________.
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 answer of the following.
State merits of Joint Stock Company.
Write short answer of the following.
State demerits of Joint Stock company.
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Artificial person
