What is Share Capital of a Company The capital of a company is described in a number of ways, if we look at from the legal and accounting point of view, the capital of the company is classified on the basis of the amount stated in the capital clauses of the memorandum of association. The […]
Statement in lieu of Prospectus | Explained Completely
Statement in lieu of prospectus If the promoters of a public company hope to get the subscription of capital from their own limited circle there is prospectus to the public. The promoters shall have to file ‘a statement in lieu of prospectus. According to section 53 of the company’s ordinance. If a public company is […]
Contents of Prospectus of a Company
What is Prospectus of a Company? After the receipt of Certificate of Incorporation from the Registrar of companies, the promoters of fa public company invite the public and financial institutions to subscribe to the capital of the company. This notice, advertisement or other document inviting offers for the subscription to the share capital of the company […]
Difference between Public and Private Company
Difference between Public and Private Company The Key difference between public and private company are elaborated in the below given table. Basis of Difference Private Limited Company Public Limited Company incorporation private limited company is incorporated under companies ordinance 1984 public limited company is incorporated under companies ordinance 1984 Members minimum number of members is 2 […]
What is a Private limited Company
What is a Private Limited Company: A Private Limited Company is a company which can be started and registered by two members. The private company suits the persons who wish to avail of the merits of limited liability and also keep the business as private as possible. The private limited company is generally a family affair. […]