Secretary
Explain the stages of forming a Joint Stock Company.
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As a pre-requirement for formation of public joint stock companies, the promoters must subscribe at least 20 per cent of the shares of the company and deposit not less than 35% of the amount undertaken by them into an account opened in the name of the company in the process of formation with one of the banks, and ...
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A joint-stock company (JSC) is a form of company or joint venture ... However, the task of formation could be discussed in steps. 1. ... Declaration by the company secretary or other authorized ... Can you explain it more deeply.
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