Company Accounts

Types of Companies

There are three types of companies based on the no of members One Person Company This type of company has only one member which is a natural person. This type of company has the following characteristics Private Company The key characteristic of this type of company is non transferability of shares i.e its shares cannot […]

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Meaning of Company

A Company is an association of persons formed and registered under the companies Act. Association of Persons – A group of persons who come together for achieving a common objective. Companies Act – Act to regulate the affairs related to companies. The present companies act was formulated in 2013 Characteristics of a Company Separate Legal

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