0
Michael Dell, and the shareholders of Dell Inc.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What are the advantages and disadvantages of being a private limited company?
Advantages of Private Limited Company No Minimum Capital No minimum capital is required to form a Private Limited Company. A Private Limited Company can be registered with a mere sum of Rs. 10,000 as total Authorized Share capital. Separate Legal Entity A Private Limited Company is a separate legal identity in the court of the law, meaning assets and liabilities of the business are not the same as the assets and liabilities of the Directors. Both are counted as different. A Private Limited Company separates Management and Ownership and thus, managers are responsible for the company’s success and are also answerable for the company’s loss. Limited Liability If the company undergoes financial distress because of whatsoever reasons, the personal assets of members will not be used to pay the debts of the Company as the liability of the person is limited. For e.g. If a Private Limited Company takes any loan and is unable to pay off, the members are responsible to pay only that much how much they own towards their own shareholding i.e. the unpaid share value. Which means, if you have no balance payable towards the amount of shares you hold, you are not payable towards any debt payable by the company even if the debt/credit amount remains unpaid. Fund Raising A Private Limited Company in India is the only form of business except Public Limited Companies that can raise funds from the Venture Capitalists or Angel investors. Free & Easy transfer of shares Shares of a company limited by shares are transferable by a shareholder at any other person. The transfer is easy as compared to the transfer of an interest in a business run as a proprietary concern or a partnership. Filing and signing a share transfer form and handing over the buyer of the shares along with share certificate can easily transfer shares. Uninterrupted existence A Private Limited Company has ‘Perpetual Succession’, that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership. ‘Perpetual Succession’ is one of the most important characteristics of a company. FDI Allowed In Private Limited Company, 100% Foreign Direct Investment is allowed that means any foreign entity or foreign person can directly invest in a Private Limited Company. Builds Credibility The particulars of the company are available on a public database. Which improves the credibility of the company as it makes it easy to authenticate the details Disadvantages of a Private Limited Company One of the main disadvantages of a Private Limited Company is that it restricts the transfer ability of shares by its articles. In a Private Limited Company the number of shareholders in any case cannot exceed 50. Another disadvantage of Private Limited Company is that it cannot issue prospectus to public. In stock exchange shares cannot be quoted.
Is it safe to create a business LLC online?
It should be safe to create a business LLC online if a secure website is used. It can be cheaper to create online. LLC stands for "limited liability company".
What differences between a PLC and an LTD?
For a PLC to trade they must have at least £50,000 worth of shares issued and at least 25% of them have to be paid up. A PLC company can sell its shares to the public and can be listed on the stock exchange.Business structure used in Europe and Canada, in which shareholder responsibility for company debt is limited to the amount they have invested in to the company.
Why ms is used before a company name?
when we have to call a man, we say Mr., now company is group of persons including men & women, hence commanly it is called messers or M/s ( short form)
What does LP mean when it it used after a business name?
Limited Partnership
Which company owns the Explorer of the Seas?
Explorer of the Seas is a cruise ship used for touring the Caribbean as well as other places in the world. It is owned by the travel company called Royal Caribbean.
Is there a company in London England called Global Transport LTD?
No but I trust you are aware that LTD after a company name means "Limited Company" and in some cases the abbreviation used will be PLC which means "Public Limited Company".But there is no Company listed anywhere in London directory named "Global Transport Limited". But there is a company named "Global Transport Forum Limited"!Their postal address is:-3rd Floor,Petersham House57A Hatton GardenLondon, EC1N 8JD
What company owns the most widely used web browser?
microsoft
Can you abbreviate the word limited for a company if the correct way to spell it is LIMITED?
The abbreviation LTD is used, unless the actual company name includes "Limited" as in "Pacific Limited LTD."
What is the meaning of ltd?
The initials LTD are used with a company that has been incorporated. The LTD meaning is that the company has limited liability and limited asserts.
Who owns American Girl?
Mattel...it used to be Pleasant Company, but Mattel bought it.
Difference between public limited company and plc?
A public limited company (PLC) is a type of company that is listed on a stock exchange and can offer its shares to the general public. In contrast, a public limited company refers to a company that has limited liability and can have more than 50 shareholders, but it is not listed on a stock exchange. The main difference is that a PLC can trade its shares on the open market, while a public limited company cannot.
What company used the name TravelMate before Acer?
The name Travelmate was previously used by Texas instruments. This was prior to the name being in use for the company which owns it currently which is Acer
What is legal form of mark and Spencer?
Marks and Spencer, PLC is a public limited company. A PLC used to be called Ltd. in the United Kingdom, but means the same thing.
What Company owns Comma oil?
Used to be ExxonMobil...but now, Cosan, the Brazilian Ethanol and Sugar giant.
What do you mean by plc company?
Programmable Logic Controller (PLC) or programmable controller is a digital computer used for automation of industrial processes, such as control of machinery on factory assembly lines. public limited company.
If a co owns a veh and is self insured and then hires a driver for that vehicle from another co and the driver has an accident on the vehicle owners property which co would be responsible for damage?
A company owns a truck that is used to move semi-trailers and this company is self insured has leased a driver from another company and the driver has an accident on the truck owners property that involves only the truck who would be responsible for the damages. The company who owns the truck and their insurance or the company who leased the driver ?
