By taking the following steps, a public company can be converted into a private company: 1. Alteration of Articles of Association 2. The Consent of Central Government 3. To File an Altered Copy of Articles with the Registrar. 1. Alteration of Articles of Association: The Articles of Association of the public company should be altered by passing a special resolution [...]
After reading this article you will learn about the advantages and disadvantages of joint stock company. Advantages of a Joint Stock Company: The advantages of forming a company rather than carrying on partnership business are as follows: 1. Large Capital: The outstanding advantage is that it allows vast mobilization of capital which otherwise is not possible to arrange. In a [...]
This article throws light upon the six main factors that influence the choice of the forms of organisation for state enterprises. The factors are: 1. General Factors 2. Considerations for the Choice 3. The Choice is More Difficult in India 4. In India Government Company Form is Popular 5. Preference to Company Form 6. The Administrative Reform Commission. Factor # [...]