00:00Joint stock company آخر ہوتی کیا ہے
00:03Artificial being intangible, invisible but existing in contemplation by the law
00:11Companies artificial person created by law
00:14Having a separate legal identity with perpetual succession and common seal
00:21Joint stock company کا مطلب یہ کہ بہت ہی زیادہ legal authority
00:30یعنی اس کی حیثیت ہے کہ انسان جیسی ہوتی ہے
00:33ایک legal انسان
00:34Artificial person
00:36جس طرح کوکا کولا پیفسی پہ ہے پیفسی کوک پہ ہے
00:40کیس کر سکتی ہے نا بھائی
00:42ملکل کر سکتی ہے
00:43اب کیا ہوتی ہے کمپنی فارم آف وزنس کیا ہوتا ہے
00:46Joint stock company ہوتا ہے
00:48Voluntary association ہوتی ہے پرسنس کی جو جنریٹ کرتے ہیں capital
00:52To carry on particular type of business which is established by law
00:56And can be dissolved only by law
00:59اس کو قائم کرنے میں بھی بڑے legal مسئلے ہیں
01:03اور توڑنے میں بھی بہت legal مسئلے ہیں
01:06Person who contribute capital become member of the company
01:11This form of business has legal existence separate from its member
01:15Which means member may come and go but the company remains existence
01:23This form of business organized generally require huge capital investment
01:29Which is contributed by the member
01:32The total capital of a joint stock company is called share capital
01:38And it is divided into number of units called share
01:42Thus every member has some share in business
01:45Depending upon the amount of capital contributed by him
01:49Hence member are called shareholder
01:50Now if you look at the amount of capital, I am going to have 90% share
01:55Wow, I am going to have a big deal
01:56I am going to have a big deal
01:58One of my friends is 4% share
02:00One of my friends is 4% share
02:00One of my friends is 2% share
02:01To be the biggest part of this
02:03one of my friends is the amount of capital
02:06And there are no discussions
02:08So, this is the amount of details
02:11What do you want to invest to this company?
02:13The features of this company
02:14Let's take a look at the first of the company
02:17Legal formation
02:19There are many legal formulations
02:21There are many legal formulations
02:23We are registered
02:25Information
02:26formality, you will have to be compared to the country law.
02:29The new law came from 1984, and then the artificial person said that it is very important.
02:39If any person has birth certificate, existence, death certificate,
02:44then the company will be closed, then it will be recorded.
02:50It will be recorded, and it will be recorded in the view of our data.
02:57Separate legal identity, its own separate existence,
03:02independent, its own property, contracts and conducts, lawful business in its own name,
03:13and its own property.
03:20Common seal is a joint stock company, which can be used by the other people.
03:30This can be common seal.
03:32Okay?
03:35Okay?
03:35So, this can be a case for anyone.
03:37This can be a case for anyone.
03:39This can be a case for perpetual existence.
03:44This can be a case for perpetual existence.
03:46This can be a case for legal law.
03:48Now, if any person can be retired,
03:53they can be retired, they can't be retired.
03:55So, if any member comes to their house,
03:58they can get retired,
04:01then they can get retired.
04:08Limited liability.
04:10What is the case for?
04:12Limited.
04:13The extent of the value of the shareer,
04:16which the repaying debit,
04:17For example, if a person owns 1000 shares of rupees 10 age, then he is liable up to 10,000
04:27rupees towards payment of debit.
04:28If you have a loan, if you have a loan, if you have a loan, if you have a loan,
04:33if you have a loan, if you have a loan, then if you have a loan, then you have a
04:40loan.
04:41Don't worry, you don't have a loan. If you have a loan, you can pay for 1000 rupees.
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