Business Studies

Under section 44 of the companies Act_________________.


ANSWER

A private company can convert into public company


SOLUTION
Section 44 of the Companies Act 2013: Nature of Shares or Debentures. The shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 198
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
As per Companies Act $$2013$$, a company is -
A. Formed and registered under the Companies Act, $$2013$$
B. An existing company registered under any earlier Companies Act
Select the correct answer from the options given below.
  • A. A only
  • B. B only
  • C. A or B
  • D. A but not B

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 TRUE/FALSE Medium
A joint venture must be based on a memorandum of understanding signed by both the parties highlighting the basis of a joint venture agreement.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
A joint venture means establishing a firm that is jointly owned by ______________.
  • A. 100 Independent firms
  • B. only investors
  • C. two or more independent firms
  • D. foreign businessmen

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
The companies are governed by the Companies Act, ________.
  • A. $$1956$$
  • B. $$1936$$
  • C. $$2013$$
  • D. $$1856$$

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Job analysis provides information used for writing _________________.
  • A. Organisation chart
  • B. Policy
  • C. Job Description
  • D. Procedure

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer