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Presentation TopicJoint Stock Company

Hello, Everyone.Good Morning.I’m Md Siyam Hossain And Leader of Jamuna Group,,,,,,,

Today I’m Going To Give You A Short Description About Joint Stock Company On Behalf Of My Group And On Behalf Of My Group Member’s,,,,,

Let’s Come To The Main Point,,,,,,

What Is Joint Stock Company?

The Company Is A Form Of Business Organization In Which The Funds Of A Large Number Of Investors Are Managed by A Few Persons For The Purpose Of Earning Profits, Which Are Shared By All investors. According To The Company Act, “A Company Formed And Registered Under This Act or An Existing Company”

Now I’m Going To Show You The Essential Elements Of A Company,,,,,,,,,,,,,

1) Creation Of Law2) Artificial Person3) Voluntary Organization

4) Number Of Shareholder5) Perpetual Succession6) Limited Liability7) Public Issue Of Share

8) Separation of Ownership And Management9) Transfer Of Share

10) Definite Objectives11)Huge Capital12) Compulsory Registration13) Democratic Management14) Winding Up Through Provision Of Law

Now I’m Going To Give You A Short Description About Essential Elements of Joint Stock Company,,,,,,,,,,,

Creation of Law: A company is created by law.It is to be formed as per provision of company act.

Artificial Person: A company is an artificial Person.It has own common seal.

Voluntary Organization: In limited company shareholder purchase share voluntarily.

Number of Shareholder: For public limited shareholder the minimum number of shareholder should be seven and maximum number is govern by number of share.For private limited company minimum number is 20 and maximum 50.

Perpetual Succession: A company enjoys benefit of perpetual succession.

Limited Liability: The liability of the shareholder is limited to the face value of share.

Separation of ownership and management: The company is managed by board of directors elected by shareholder.

Public Issue of Share: A public limited company can issue prospectus inviting public to purchase share,a private company cannot.

Transfer of Share: The share of public limited company is easily transferable either through personal dealing or through exchange.Definite objectives: The objective of the company is limited to the purpose state in memorandum.

Huge Capital: The Company can arrange huge capital through sales of its share.

Compulsory Registration: As per the company law, the company is to be registered compulsory and the required documents are to be submitted to register of joint stock companies and firms for that purpose.

Democratic management: A company’s decision is made by board of directors and directors are elected by share holder.

Winding up through provision of law: A company winding up must follow provisions of company act.