Question

Registration of a Joint stock company is ________.(Fill in the blank by choosing correct option) a) compulsory b) not necessary c) optional

Answer 1

Answer is- (a) Compulsory

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Answer 2

A joint stock company is considered as a business organisation where its stocks can be purchased and sold by the shareholders.

Registration of joint stock company means recording the list of names, addresses and a copy of the act of Indian parliament and other particulars in the registrar's firm.

According to the act of Indian companies 1956, registration is compulsory.