This article will help you to learn about the difference between a government and a non-government company. Difference between Government Company and Non-Government Company Government Company 1. Ownership of Capital: Not less than 51% of the share capital is held by the Central Governments and/or one or more state Governments. 2. Auditing of Accounts: The accounts of Government companies are [...]
Following are the main stages of promotion: 1. Discovery of an Idea 2. Detailed Investigation 3. Assembling 4. Financing the Proposition. Stage # 1. Discovery of an Idea: When a person or persons get an idea that there is the possibility of starting a new business to take advantage of the untapped natural resources or a new invention, discovery of [...]
In order to get a company registered or incorporated, the following procedure is to be adopted: (A) Preliminary Activities: Before a company is incorporated, the promoter has to take decision regarding the following: 1. To decide the name of the company: A company may adopt any name it likes provided the name does not closely resemble with the name of [...]