Company Formation Chapter 1 class 12 Account NEB || New Syllabus - G A
s per the new syllabus under NEB, Grade 12 students from Management faculty need to study about the company in their first chapter, “Company Formation.” 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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