state any two features of private company
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Explanation:
Limited companies are able to raise money by borrowing and through the share issue of ordinary shares .
Limited companies must be registered with the Registrar of Companies.
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Features of private companies
Number of Members. There is a requirement of certain number of minimum members for starting a private company. ...
Member's liability is limited. ...
Minimum paid-up capital. ...
Restriction on shares transferability. ...
Private limited. ...
Perpetual Succession. ...
Separate legal entity.
Write any two what you think is easy.
Number of Members. There is a requirement of certain number of minimum members for starting a private company. ...
Member's liability is limited. ...
Minimum paid-up capital. ...
Restriction on shares transferability. ...
Private limited. ...
Perpetual Succession. ...
Separate legal entity.
Write any two what you think is easy.
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