Tag Archives | Difference

Difference between a Private Company and Public Company

The upcoming discussion will update you about the difference between Private Company and Public Company. (i) Minimum number: The minimum number of persons required to form a private company is two whereas in the case of a public company, it is seven. (ii) Maximum number: The maximum number of shareholders in the case of a […]

Difference between Debenture and Shares

The upcoming discussion will update you about the difference between Debenture and Shares. (i) Creditor ship Security v. Ownership Security: Whereas a debenture is a creditor ship security, a share is an ownership security. It means that a debenture-holder is a creditor of the company, while a shareholder is a part-owner of the company. It […]

External Reconstruction and Amalgamation

The upcoming discussion will update you about the difference between External Reconstruction and Amalgamation. From the point of view of an accountant, external reconstruction is similar to amalgamation in the nature of purchase; the books of the transferor company are closed and in the books of the transferee company, the purchase of the business is […]

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