A cooperative society is any group found by individuals with common interest who contribute money in form of capital to promote the business interest of members. A cooperative society is a form of voluntary self-help business organization in which individuals, sole proprietors, traders or producers unite to foster their good and individual business interest. FEATURES […]
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A company is an artificial person which is recognized in law as a separate legal entity. It is also referred to as joint stock Company that makes profit by producing or selling goods and services. It can only act though its organs like the board of directors and shareholders. NOTE: A company is an artificial
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These are special organization set up by the government. Through the act of parliament, managed and controlled by the government to perform essential services to the citizens of the county. OR Public enterprises/corporation are businesses owned and run by the government in the public interest. OR Public corporation, also known as public enterprises or statutory
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