SPCC 1 Marks Each

Voluntary winding up means winding up at the insistence of the members of the company without any interference of the court.

It is the written notes of procedings of a meeting.

A director is that person who formulates the policies for overall management, direction and control of the company.

Essential to become a member by written consent or his name registered by members Register.

The company, by issuing such debentures, create a charge on the assets which can be fixed charge or floating charge. This is the meaning of mortgage debenture.

Whenever a shareholder is declared a lunatic (unsound mind) by court, his guardian or trustee is appointed by court, the guardian or trustee should inform the company.

Share forfeiture is the process by which by which the directors of a company Cansel the membership of share holder and remove the name of share from the list of members on non receipt of call money as asked by the company in accordance with statutory procedure laid down in the articles of company.

Presentation are of three from the point of view of mode/medium of Expression (1) Oral (2) Written (3) Power point presentation.

When a product is sold or purchased without any restrictions of time and place (location), with the use of electronic media through internet. It is called E-commerce.

Two the main difference types of insurance.