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Company Formation Chapter 1 All Topic Explained || Class 12 Account NEB || New Syllabus - Gurubaa
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As per the new syllabus under NEB, Grade 12 students from Management faculty need to study about the company in their first chapter, “Company Formation.” We have explained all the topics from this chapter that includes:
Meaning of a company
Types of Company (Private and Public)
Features of a company (Perpetual existence, Common Seal, Artificial legal Person, Transferability of Shares, Limited Liability)
Features/ characteristics of Private Company
Features/ characteristics of Public Company
Meaning of Company Promoters
Main Documents of a Company (MOA, AOA and Prospectus)
Meaning and elements of Memorandum of Association (Prabhandapatra)
Meaning and elements of Articles of Association (Niyamawoli)
Meaning of Prospectus
Concept of Share and Shareholders
Types of Shares (Preference Shares and Equity Shares)
Difference between Preference Shares and Equity Shares
Types of Preference Shares
Meaning of Share Capital
Authorized Capital
Subscribed Capital
Paid Up Capital
Called Up Capital
Paid Up Capital
Uncalled Capital
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