Name the type of company. , List two features of the company.

Study the following case/situation and express your opinion:

Ram and Rahim have formed a Joint Stock company to produce and sell toys with a paid up capital of Rs 2,00,000.

1. Name the type of company.

2. List two features of the company.

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

1. Private Limited Company.

2. (a) Minimum 2 members are required to form a private company.

(b) Minimum paid up capital required is Rs 1,00,000.

5 views Answered 2023-02-05 15:29

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