Master this deck with 43 terms through effective study methods.
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To simplify company establishment and enhance transparency.
Limited to a maximum of 100 shareholders.
Public companies can have unlimited shareholders.
A company controlled by a parent company.
To oversee the registration and compliance of companies.
It may face penalties or dissolution.
A document outlining the company's objectives and structure.
It represents the total value of shares issued by the company.
Shares issued to existing shareholders from company profits.
An individual or entity owning shares in a company.
One hundred shareholders.
They are only liable for the company's debts up to their investment.
A company that can sell shares to the public.
Submission of necessary documents to the registrar.
To govern the internal management of the company.
To manage the company's affairs and make strategic decisions.
Public companies can offer shares to the general public.
A stamp used to authenticate documents of the company.
It prevents other companies from using the same name.
To oversee the company's management and make key decisions.
The official address of a company for legal correspondence.
To simplify company establishment and enhance transparency.
Limited to a maximum of 100 shareholders.
Public companies can offer shares to the general public.
A company controlled by a parent company.
Responsible for establishing the company and signing documents.
It may face penalties or dissolution.
A document outlining the company's objectives and structure.
It grants legal recognition and protects the company's name.
A unit of ownership representing a claim on assets.
Issued from retained earnings to existing shareholders.
Limited to 100 shareholders.
They are only liable for the amount unpaid on their shares.
Responsible for company registration and compliance oversight.
A company that can sell shares to the public.
Must have a minimum paid-up capital of one crore rupees.
An official stamp used to endorse documents.
It may face legal challenges and penalties.
To govern the internal management of the company.
To manage the company's affairs and act in its best interest.
Preference shares have priority in dividends over ordinary shares.
They provide insights into the company's financial health.
The financial obligations a company has to its creditors.