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 [...]
This article will help you to learn about the difference between shares and stocks. Difference between Shares and Stocks Share 1. Nominal values: Share has nominal value. 2. Fully paid-up: Share need not necessarily be fully paid-up. 3. Transferability: It is transferable as a whole. 4. Distinctive number: It has distinctive number by which it is distinguished from other shares. [...]
After reading this article you will learn about:- 1. Meaning of a Promoter 2. Functions of a Promoter 3. Legal Position 4. Rights 5. Duties 6. Liabilities 7. Preliminary Contracts. Meaning of a Promoter: The idea of carrying on a business which can be profitably undertaken is conceived either by a person or by a group of persons who are [...]