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- Submitted by: nhussein
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- Category: English: Authors
- Date Submitted: 01/27/2016 01:37 PM
- Pages: 5
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Private
A private limited company (Pvt. Ltd.), is an organisation that gives little legal; or liability protection to its shareholders. However, it has particular constraints on the proprietorship. These restrictions can be seen in detail in the company’s regulations or bylaws; which in turn prevents any attempts of hostile takeovers. The major restrictions are as follows:
* Shareholders are prevented from transferring or selling shares; without given fellow shareholders first refusal.
* Shareholders are not permitted to offer their shares to the general public, before the stock exchange.
* The amount of shareholders cannot surpass a fixed number (typically fifty).
Public
A Public Limited Company (or PLC), is an organisation which offers shares to the general company; however it has little liability. Stock of a public limited company can be attained by almost anyone; however they run the risk of potentially losing those shares down the line. This legal form is commonly found on the United Kingdom. To form such a company, a minimum of two people are required. These types of company’s offers limited liability to their management and proprietors. PLCs also permits a group to offer shares to investors; in turn raising much needed capital. Only PLCs are permitted to be listed on the Stock Exchange; and will in turn have the suffix “PLC”. For instance, British Petroleum has the suffix “BP PLC”. Further pre-requisites include:
* The organisation has to be registered as a PLC
* It must have at least £50,000 of share capital
Voluntary
A Voluntary organisation is one which occasionally relies on volunteers for their operations; and could employ non-paid staff. A volunteer organisation is regarded as:
Self-governance through a board of unpaid trustees.
* Autonomy from the government
* Non-profit organisation
* Aid from philanthropy
Charitable Business Organisations
<b>This content can be found on the following...
A private limited company (Pvt. Ltd.), is an organisation that gives little legal; or liability protection to its shareholders. However, it has particular constraints on the proprietorship. These restrictions can be seen in detail in the company’s regulations or bylaws; which in turn prevents any attempts of hostile takeovers. The major restrictions are as follows:
* Shareholders are prevented from transferring or selling shares; without given fellow shareholders first refusal.
* Shareholders are not permitted to offer their shares to the general public, before the stock exchange.
* The amount of shareholders cannot surpass a fixed number (typically fifty).
Public
A Public Limited Company (or PLC), is an organisation which offers shares to the general company; however it has little liability. Stock of a public limited company can be attained by almost anyone; however they run the risk of potentially losing those shares down the line. This legal form is commonly found on the United Kingdom. To form such a company, a minimum of two people are required. These types of company’s offers limited liability to their management and proprietors. PLCs also permits a group to offer shares to investors; in turn raising much needed capital. Only PLCs are permitted to be listed on the Stock Exchange; and will in turn have the suffix “PLC”. For instance, British Petroleum has the suffix “BP PLC”. Further pre-requisites include:
* The organisation has to be registered as a PLC
* It must have at least £50,000 of share capital
Voluntary
A Voluntary organisation is one which occasionally relies on volunteers for their operations; and could employ non-paid staff. A volunteer organisation is regarded as:
Self-governance through a board of unpaid trustees.
* Autonomy from the government
* Non-profit organisation
* Aid from philanthropy
Charitable Business Organisations
<b>This content can be found on the following...