MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Authorised Share Capital

Who are the r...

Question

Who are the real owners of a company ?

A

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Shareholders

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Board of directors

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Managing director

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Shareholders

Shareholders are the real owners of a company.

Suggest Corrections

thumbs-up

2

Similar questions

Q. State whether the following statement are True or False:
A group of elected/appointed representatives of shareholders who manage a company are called the board of directors.

Q. Section 2(54) of the Companies Act, 2013, defines 'managing director'. It stipulates that a "managing director" means a director who, by virtue of the_______of a company or an._______with the company or a______passed in its general meeting, or by its Board of Directors, is entrusted with substantial powers of management of the affairs of the company and includes a director occupying the position of managing director, by whatever name called.

Q. A Joint Stock Company is managed by the board of directors.

The board of directors of a joint stock company is elected by

(a) General public

(b) Government bodies

(c) Shareholders

(d) Employees

Q. Who elect the Board of Directors in Joint Stock Company?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Issue of Shares

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Authorised Share Capital

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon