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Question
Answer in one sentence.
What is the meaning of Joint Stock Company?
Solution
Joint Stock Company is an artificial person created by law, having an independent legal status, owned by shareholders and managed by Board of Directors.
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Registration of the Joint Stock Company is compulsory.
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There is a separation of ownership & management in the Joint Stock Company.
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Board of Directors manages the business of Joint Stock Company.
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Registration of Joint stock company is compulsory according to the Companies Act _______.
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Registration of Joint Stock Company is not compulsory.
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Joint Stock Company.
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A Joint Stock Company can raise huge capital.
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Explain the features of the Joint Stock Company.
