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Company considered as an artificial person before it is registered under the Act.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Transfer of shares is prohibited in public company
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Company and the members like board of directors and shareholders are same.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Company have common seal only to sign the contract.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Public company shares can be subscribed by any foreigners.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Against the company any compliant can be file by any one.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Minimum capital for public and private company are Rs.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
Mr. Guana and Mrs.Guana by together holds some shares in the X Private Limited. they will considered as two members.
No, because they hold the shares together so they will considered as a single person
YES, because international level funds can be procured for capital formation
5,00,000 and 1,00,000
TRUE
No, freely transfer
NO
YES
YES
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