This article will help you to learn about the difference between memorandum and articles of association of a company. Difference between Memorandum and Articles of Association Memorandum Difference - 1. Subject Matter: It is the charter of the company which defines its objects and powers. Difference - 2. Importance: Every company must have its own memorandum of Association. It is [...]
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. [...]
This article will help you to learn about the difference between managing director and whole-time directors of a company. Difference between Managing Director and Whole-Time Director Managing Director Difference - 1. Power: A managing director is director who is entrusted with substantial powers of the management. Difference - 2. Prohibition: Section 197 A of the Act prohibits a company from [...]