Name the following
(a) A company which is not allowed to issue shares to the public.
(b) A company established under a special law.
(C) A statement which a public company has to file before allotment of shares when it
did not issue a prospects.
(d) A company which carries on business without obtaining the certificate of commencement
of business.
Answers
Answer:
1.it is cheating the company
2.
3.ya
4.no it also cheating
Explanation:
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Answer:
1)A private company
2) Companies that are incorporated by the special Act of Parliament These Companies are incorporated under specified act of Parliament or State Legislature . ... These Companies are also called as Corporations. For example, Reserve Bank of India or State Bank of India.
3) A statement in lieu of prospectus is defined as 'a public document prepared in the second schedule of companies ordinance by every such public company which does not issue a prospectus on its formation by filing with the registrar before allotment or shares of debentures, and signed by every person who is named therein
4) it is said to be lisece to form a company, issued by the state government or, in some jurisdictions, by non-governmental entity. A public limited company having share capital, can not start its business unless it obtains the certificate of commencement of business from the Registrar of Companies