this is the presentation on what is company.

1. COMPANY
MADE BY : CHANCHAL TOMAR

2. What is company?
 According to Prof. Haney: “ A company is an
artificial person created by law, having
separate legal entity, with perpetual succession
and a common seal.
 According to Lord Justice Lindley : “A company
is an association of many person who
contribute money and money’s worth to a
common stock and employ it in some trade or
business and who share the profit & Loss
arising there form.

3. Characteristics of Company.
 Incorporated association.
 Artificial Legal person.
 Separate legal entity.
 Perpetual existence.
 Common seal.s
 Limited liability.
 Transferability.
 Capacity to sue.

4. Difference between Company & Partnership.
COMPANY
 Company is an artificial person created by law.
 Company comes under the company Act 1956.
 Limited liability.
 The co. mgmt. handle by the board of directors.
 The company can issue there share to general
public.
PARNERSHIP
 Partnership is the agreement between the
partners .
 Partnership comes under the partnership Act
1932.
 Unlimited liability.
 The mgmt. is handle directly with its partners.
 In partnership they cannot issue there shares in
the market.

5. KINDS OF COMPANIES
Incorporated
company Government company Miscellaneous
company
Charted co.
Statutory
co.
Registered
co.
Banking co.
Insurance co.
Electricity
co.
Investment
co.
Other co.
Private co. Public co.
Foreign co.

6. Difference between Public and Private company.
PUBLIC CO.
 Minimum pain up capital is ₹ 5 lakh.
 Min. no. of members is 7.
 Max. no. of members is unlimited.
 They have the right to issue there shares
in market.
 Total managerial remuneration cannot
exceed more than 11 %.
 There is must be at least 3 directors in a
public company.
PRIVATE CO.
 Minimum paid up capital is ₹ 1 lakh.
 Min. no. of members is 2,
 Max. no. of members is 50.
 They have not the right of issuing the shares in
the market.
 No such remuneration applied in private
company.
 A private company have only 2 directors.

7. EXAMPLE

8. Google
Founders Larry Page and Sergey
Brin met at Stanford University
in 1995. By 1996, they had built
a search engine (initially called
BackRub) that used links to
determine the importance of
individual webpages.
They are promoters….

9. Google facts
Founded
1998
Founders
Larry Page and Sergey Brin
Incorporation
September 4, 1998
Initial public offering (NASDAQ)
August 19, 2004
Headquarters
1600 Amphitheatre Parkway
Mountain View
CA 94043

10. THANKYOU……