This article will help you to learn about the difference between partnership and joint Hindu family business. Difference between Partnership and Joint Hindu Family Business Partnership Business 1. Formation: A partnership business comes into existence by mutual contact between the partners. 2. Admission of a Member: In partnership, a member is taken into the business by an agreement. 3. Members: [...]
This article will help you to learn about the difference between a partnership form and company. Difference between Partnership and Company Partnership 1. Act: A partnership is governed by the Indian partnership Act, 1932. 2. Registration: The registration of partnership is not compulsory but it is expected to be registered so that partners may exercise their rights between themselves and [...]
After reading this article you will learn about:- 1. Meaning and Definition of Company 2. Characteristics of Company 3. Kinds. Meaning and Definition of Company: Literary meaning of the word 'company' is an association of persons formed for common object. A company is a voluntary association of persons recognised by law, having a distinctive name and common seal, formed to [...]