Characteristics of a Company | Features of Company |Companies Act 2013 |CSEET | CS Payal Popli

Characteristics of a Company | Features of Company |CSEET | Legal Aptitude and Logical reasoning | CS Payal Popli
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This video might be useful for students preparing for -
11th Commerce
12th commerce boards
CSEET(CS FOUNDATION ICSI)
CA Foundation
UGC NET COMMERCE
LLB
UGC NET LAW
In this video-
Teacher's Name - CS Payal Popli
Topic - Features/Nature/ Characteristics of Company
Chapter 4 -Elements of Company Law
Subject - Legal Aptitude and Logical Reasoning
CSEET (ICSI)
Watch full syllabus of CSEET - Legal Aptitude and Logical Reasoning from our playlist -
• CSEET | CSEET Legal Ap...
Contact for Notes and Question Bank of CSEET-
WhatsApp - 9630227777
Characteristic features of a Company
Corporate Body:
A company needs to be registered under the Companies Act, 2013. Any other organisation incorporated with the Registrar of Companies, and subsequently not registered cannot be considered as a company.
Separate Legal Entity:
A company exists as a separate legal entity which is different from its shareholders and members. Due to this feature, shareholders can enter into a contract with the company and can also sue the company and be sued by the company.
Limited Liability:
As the company exists as a separate entity, members of the company are not liable for the debts of the company. Liability of members of a company is limited to the extent of the shares that are held by them or by the extent of the guarantee amount
Transferability of Shares:
Shareholders of a public limited company can transfer their shares as per the rules laid down in the articles of association. However, in case of a private limited company, there might be some restrictions on the transfer of shares.
Common Seal:
The firm is an artificial entity or a person, and therefore cannot sign its name by itself. It creates the necessity of a common seal that can be used for representing the decisions made on behalf of the company.
Perpetual Succession:
The company being an artificial person established by law perpetuates to exist regardless of the differences in its membership. In simple words, a company is an artificial person. Therefore, it does not have any restrictions on age. The factors like death, insolvency, retirement or the insanity of one or all of the members do not impact the company status.
Number of Members:
As per the Companies Act, 2013, the minimum number of members required to start a public limited company is seven while for a private limited company, it is two. The maximum number of members for a public limited company can be unlimited while it is restricted to 200 for a private limited company.
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Arey itni achi teacher mil gye I'm blessed ❤😢

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🥰

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amazing teaching skills, hats off

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Mam amazing lectures didn't realize the time pass and concept clearity osm

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So good.... Thanks for the efforts.. 😌

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Thanku mam Very easy explanation I am backbencher 😌

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Such nice way of explanation ❤❤❤

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I like really I understand very well ma,am you are great Thank you for teaching

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Bhot accha explain karti hain aap ...thank you ❤️

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Thanks 👍

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Osm the way you teach us radheradhe thank you mam

[@badgestargaming5840]

i know all of characteristics with the help of your explanation and thank you.

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Lots of love from Nepal

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Outstanding method mam❤️

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[@sanjanachoksey5050]

Thanku so much mam for starting CSEET syllabus...I was waiting for it

[@Artist411art]

It's amazing explanation

[@vishwani_]

Ma'am please give one shot of company law as soon as possible my whole friend group also demanding

[@TusharVerma00]

Bda bda shukriya aapka

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Thank you so much mam 👍

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Thank u mam for this clear explanation really apprecialble❤❤😍 thank u so much

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Aah~ shukriya 💝 aapka...

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Really a helpful video 🫶🏻🫡❤️

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very useful for llb students also thnx

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Very well explained,, 👍👌👌

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Absolute awesome

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Thank you mam very nice explanation

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Great👏

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Keep it up mam 👍

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Well explained mam keep making more videos ❣️

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Thank you so much ma'am... 🥰🥰

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thank you so much maam for this video

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Happiee teacher's day ma'am

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God bless you beta ❤️

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❤️❤️

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Really helpful

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Mind blowing

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Thanku so much mam

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Woahhhh🥹🤌🏻♥️mzey aa gye mam ...bss dua krein ki exam acha Jaye

[@padhakulog]

All the best 🥰

[@batraurvashi6342]

Please if possible make the quickly the video of changes introduced by the companies act2013 as I have an exam on monday.

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Very interestiñgg explanatioj

[@padhakulog]

☺️❤️

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Wonderful

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Very nice explaination mam. Please tell me from where I can get the question bank??

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You are phenomenal ma'am!

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Ca foundation krrha lekin theory mam se hi pdhne aata 😁❤️

[@prachitiwari0411]

Mam aur thode topic padha dijiye company law ke

[@usamapervaiz2366]

very well explained, can you plz share these slides with me

[@nithyanandanand6432]

Nice

[@heartless---]

Thanks ma'am

[@DanishDanish-fb8gr]

Mam you missed limited liability part😕

[@padhakulog]

Video on limited and unlimited liability is already der on channel dats y

[@DanishDanish-fb8gr]

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[@DanishDanish-fb8gr]

16:52 mam those statements should be learnt orally or not

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thank you

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mam aap audit ka bhi start karo

[@devimehrotra3223]

Thanks mam😊

[@padhakulog]

❤️

[@ZHS9694]

Commonly company may be defined an artificial person having seperate legal entity with perpetual succession transferrable share with common seal and capital 👍

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[@gauranshsinha7355]

Just a confusion weather it's a contract or legal case against company, it'll be sued or contract made on name of company, but the punishment and contract binding will be imposed on board of directors and it's members?

[@Gramkitz]

Every company have a own name 🙏

[@events7408]

Maam ap law ke other subjects bhi please pdhaye

[@parigoyal8368]

Nice video mam👍😊 and I have a question Mam shareholders kya ek he baar me ek he company ke share kharid sakte h ya aur bhi companies ke ????

[@padhakulog]

Nhi aisa kuch nhi hai

[@parigoyal8368]

Mtlb mam bo aur bhi companies ke share ko kharid sakte hai Thanks for reply 😊😊

[@padhakulog]

Yes

[@mamaranisahu9414]

Mam, I want to become a company secretary plz reply me and help me and I always following to you

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Thanks mam

[@padhakulog]

❤️❤️

[@छोटाशायर-र5ब]

Wow

[@dipanshisharma6360]

you left the limited liability feature. but overall I got a good understanding of the same. Thank you.

[@garvsrivastava1247]

24:04 limited liability

[@sangeetjo2177]

Nicely explained video.👍 Just have a question that can shareholders be in the board of directors??

[@padhakulog]

Yes dey can be elected as BODs

[@sangeetjo2177]

Thank you so much for your reply

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Plz jo textbook ke headpoints hai use bhi explain karo

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👌👌👌

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Aggravating factors vs. mitigating factors in a crime .....prz difference kara dijia from WEST BENGAL

[@AkashKhan-gx4wj]

please maam

[@padhakulog]

Ok❤️

[@foodiee705]

Mam yeh theory m bcom part 2 ke company law me bhi yaad kr skta hu na?

[@padhakulog]

Ji

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😍❤

[@padhakulog]

❤️❤️

[@320simrandeepkaur7]

nice👍

[@yashbot9993]

Ma'am what is the meaning of seal here?

[@userunknown9293]

Can I write the same answer on the features of Companies Act 2013 and characteristics of registered company ??

[@padhakulog]

Yes

[@bhakti_01]

Mam ye background kese remove krte ho video me? 🙂

[@starofmagi8127]

Pls tell me where I can buy your notes for companies act (only the act)

[@padhakulog]

We are still working on notes of Companies Act. So it will be available after some time.

[@chikito1000]

I also want notes... In hindi

[@smtusharibnesalam2089]

You are joss

[@VIKASSHARMA-u4e]

Mam kaise pta kare ki Pvt Ltd m single owner h

[@padhakulog]

Single owner mtlb OPC hai company…usually uske naam me OPC dikh jayega warna MCA site hoti wha aap kisi bhi company ki basic info check kr skte

[@AV17718]

Pls provide notes.

[@Amitesh_07_]

Limited Liability?

[@padhakulog]

Iski video alag se hai

[@Amitesh_07_]

@@padhakulog ok Mam

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Ma'am notes kaha se milenge company Law ka

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Mam postal ballot kya hota hayy??

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Will make video on it

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Yes

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Ma'am CA better h ya Cs

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Aap toh magnet brains mai padate thai