Minimum Subscription: It is said to be the minimum amount which as per the directors must be raised by issuing shares to overcome various expenses like working ...

In order to choose the ideal form of business organisation, one has to depend on various factors like capital, nature of business etc. One can opt for sole ...

The main features of an ideal form of business organization are as follows: Scope of raising capital: One can make the choice of organization by depending ...

Redemption is the process of repaying an obligation, usually at prearranged amount and times. Redemption of preference shares means paying back (or repayment ...

Meaning of Buy-back of Shares: The term buy-back of shares implies the act of purchasing its own share buy a company. The Companies (Amendment) Act, 1994 has ...

Meaning of Debenture: A debenture is a written acknowledgment of debt by a company under its common seal. It is an instrument used by the companies to ...

Partnership Deed It is the written agreement that is duly stamped and registered. Each partner gets a copy of the deed, after it gets registered. It can be ...

Company form of Organisation. Joint stock company is defined as a company limited by shares having a permanent paid up or nominal share capital of fixed ...

Cooperative Societies is a form works for self-help and mutual help. Their main aim is to provide services to its members. These are started by poor and weak ...

A partnership is an association of two or more than two persons who have combined together to share the profits of business carried on by all or any of them ...