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 manager and managing director of a company. Difference between Manager and Managing Director Manager 1. Need: A manager may or may not be a director of the company. 2. Power: In case of a manager, Sec. 2 (24) of Act provides that he has the management of the whole [...]