Everything you need to know about the characteristics of company. A company is a voluntary association of persons, recognised by law, having a distinctive name, a common seal, formed to carry on business for profit, with capital divisible into transferable shares, limited liability, a corporate body and perpetual succession. An existing company means a company formed and registered under any [...]
Everything you need to know about the types of debentures. Debentures are the most popular form of debt capital. Basically, a debenture represents a superior and refined form of the age-old promissory note. Debentures are raised for long-term capital needs. As in the case of any debt, the debentures have two fundamental features of periodic payment of interest and repayment [...]
Everything you need to know about the key differences between a partnership firm and a company. A company is a voluntary association of persons, recognised by law, having a distinctive name, a common seal, formed to carry on business for profit, with capital divisible into transferable shares, limited liability, a corporate body and perpetual succession. "A company is an association [...]