Registration of a Joint stock company is ________.(Fill in the blank by choosing correct option) a) compulsory b) not necessary c) optional
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It is compulsory to get the joint stock company registered. The rule falls under the Company Act 1956 that clearly stated that the registration of the company will allow it to fall under the rule of the India government.
Also, this Company Act makes all the public company get registration done with genuine information so that any of the provision can be taken up legally.
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