Justify, registration of joint stock company is compulsory
Answers
Answer:
joint stocks company has a separate legal entity compared to others.it has its own seal and its own name are separate and distinct from others so registration is important in joint stock company
The registration of the joint stock company is essential so that the company will be properly registered so that they can start their own business without being involved in the fraudulent practices.
Explanation:
The registration process involves the submission of the copies which are related to the company so that the Government authorities will check whether the company is genuine and can produce the best services to the customers.
Apart from this, the registration process makes the common people become aware of the presence of the company so that they can access those services from the organization.
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