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Joint Stock Company, Partnership - Coggle Diagram
Joint Stock Company
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Types of Companies
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Public Company: A Public Company is an entity that has permission to issue registered securities to the general public and it is traded on at least one stock exchange.
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Important documents
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Article of Association: Rules and regulations regarding the management of a company's internal affairs.
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A company is an artificial person having a separate legal entity, perpetual succession and a common seal.
Partnership
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Partnerships are established with an oral or written agreement. The document containing the agreement in writing is known as a partnership deed. It is the most important document in a partnership.
Must Act under the Partnership Act, 1932
The entering of the firm's name in the register of the firms kept with the Registrar of Firms concludes the registration of the partnership.