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In case of ___________ Registration is compulsory
- a)Partnership
- b)Sole Proprietorship
- c)Company
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
In case of ___________ Registration is compulsorya)Partnershipb)Sole P...
Registration of Companies
Introduction:
In India, the Companies Act, 2013, governs the formation, management, and dissolution of companies. Under this Act, registering a company is mandatory for anyone who wants to start a business that is separate from its owners.
Compulsory Registration:
Registration of companies is compulsory in India, and it is a legal requirement. A company must be registered under the Companies Act, 2013, with the Registrar of Companies (ROC) in the State where its registered office is situated.
Benefits of registration:
Registration of a company provides many benefits, including:
1. Legal recognition of the company
2. Protection from personal liability
3. Ability to raise capital
4. Better credibility and reputation in the market
5. Perpetual succession
6. Separate legal entity from its owners
Types of Companies:
The Companies Act, 2013, recognizes several types of companies, including:
1. Private Limited Company
2. Public Limited Company
3. One Person Company
4. Section 8 Company
5. Producer Company
Conclusion:
In conclusion, registration of a company is compulsory under the Companies Act, 2013, in India. It provides several benefits and legal recognition to the company. There are several types of companies recognized under this Act, and the type of company chosen depends on the business needs and objectives.
Introduction:
In India, the Companies Act, 2013, governs the formation, management, and dissolution of companies. Under this Act, registering a company is mandatory for anyone who wants to start a business that is separate from its owners.
Compulsory Registration:
Registration of companies is compulsory in India, and it is a legal requirement. A company must be registered under the Companies Act, 2013, with the Registrar of Companies (ROC) in the State where its registered office is situated.
Benefits of registration:
Registration of a company provides many benefits, including:
1. Legal recognition of the company
2. Protection from personal liability
3. Ability to raise capital
4. Better credibility and reputation in the market
5. Perpetual succession
6. Separate legal entity from its owners
Types of Companies:
The Companies Act, 2013, recognizes several types of companies, including:
1. Private Limited Company
2. Public Limited Company
3. One Person Company
4. Section 8 Company
5. Producer Company
Conclusion:
In conclusion, registration of a company is compulsory under the Companies Act, 2013, in India. It provides several benefits and legal recognition to the company. There are several types of companies recognized under this Act, and the type of company chosen depends on the business needs and objectives.
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Community Answer
In case of ___________ Registration is compulsorya)Partnershipb)Sole P...
The answer is company because a company is a complex form of business where a lot of members are present and to avoid conflicts in future and also to get agreement of other partners about shares of profit and losses it is necessary to have registration done
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In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer?.
In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case of ___________ Registration is compulsorya)Partnershipb)Sole Proprietorshipc)Companyd)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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