This facility coupled with the limited liability has an encouraging investment by general public. Joint-stock company definition is - a company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group. He was hostile to the joint-stock company as a medium through which to carry on business enterprise. List of Top 15 Joint Venture Companies in India 2019 1.

Indian Oil Corporation Ltd. is an oil and natural gas producer and marketing company formed as the result of a 1964 merger.

Joint-stock company definition is - a company or association consisting of individuals organized to conduct a business for gain and having a joint stock of capital represented by shares owned individually by the members and transferable without the consent of the group. As shares are freely transferable, a shareholder can convert his holding into cash. Shareholders are able to transfer their shares to others without any effects on the continued existence of the company. Uralmash was converted into a joint-stock company at the end of 1992 with 1. Joint stock companies had been used successfully in various trading ventures in the past. Joint Stock Company. A joint-stock company is a business owned by people called shareholders.Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). 2. Many joint-stock companies came to utilize another novel feature to the business world, the stock exchange. Hindustan Aeronautics Ltd. Hindustan Aeronautics Ltd is India’s aerospace and defence company with headquarters in Bangalore, Karnataka. A joint stock company is simply a business entity in which stakes are owned jointly by shareholders and may be traded on the open market. Civil law in the bourgeois states regards the joint-stock company as an association having these features: the recognition of its juridical status as an individual, material liability exclusively limited to the property belonging to it, and the subdivision of its capital into shares. Choose a language, then type a word below to get example sentences for that word. Example #2.

Shares of private joint-stock company stock are transferable between parties, but the transfer process is often limited by agreement, to family members, for example. The simplest way to describe a joint stock company is that it is a business organisation that is owned jointly by all its shareholders. Joint-stock company, a forerunner of the modern corporation that was organized for undertakings requiring large amounts of capital.Money was raised by selling shares to investors, who became partners in the venture. It issues 1,000 shares with a face value of $10 each at a share premium of $5 per share. Joint-stock in a sentence.

Joint venture is just like any other business like companies or partnerships the difference between it is that joint venture is only owned by two different persons or parties. All the shareholders own a certain amount of stock in the company, which is represented by their shares. 25 sentence examples: 1. Tianjin Baode Packing Co. , Ltd, is a joint-stock company which is taken by the head office of Tianjin Land-reclaimable group as the investment subject. The two banks of Edinburgh are joint-stock companies, without any exclusive privilege. A joint stock company is an enterprise that has been partly financed by equity raised through the public.

It is a business entity in which people can buy and sell its stock. Some examples of well-known joint stock companies are Apple Inc., Starbucks and Google. Example of Joint Stock Company. Some shareholders may own a larger proportion of a company's share than others.

A joint stock company is simply a business entity in which stakes are owned jointly by shareholders and may be traded on the open market. It is just like a business agreement in which both the partners agree to share a profit in a specific ratio of their ownership.

Based in New Delhi, Indian Oil is a Fortune 500 company and the 21st-largest petroleum company in the world. Indian Oil Corporation Ltd. is an oil and natural gas producer and marketing company formed as the result of a 1964 merger. Stockholders can sell their stocks to others without the sale affecting the company… A joint-stock company is a company that belongs to the individuals who own its shares. In the case of a public company, there is no restriction on transfer of its shares. Wright Inc. issued equity shares of $10 each at $15. The shares can be transferred freely through stock exchanges.

The company is listed with the Stock Exchange and hence company’s shares are readily sold and purchased.


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