Cambrige Notes: Public Limited Companies
ZIMSEC O Level Commerce Notes: Business Organisations: Public Limited Companies
Formation
- Membership is open to the public.
- Membership is by invitation through a prospectus.
- Formed by at least two shareholders and there is no upper limit.
- Governed by the Companies Act.
- The founding members have to draw up a prospectus, articles and memorandum of association and a statutory declaration and […]
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