Presentation on theme: "MRS. FOUZIA NASIR ASST PROFESSOR-DHA COLLEGE FOR WOMEN PHASEVIII."— Presentation transcript:
MRS. FOUZIA NASIR ASST PROFESSOR-DHA COLLEGE FOR WOMEN PHASEVIII
An artificial person created by law under a common seal There are different forms of an ownership i.e. A) sole proprietorship B)partnership C) Joint stock owner From large scale point of view there is a possibility of joint stock company
Three possibility of subscription A) equal: offered shares= received share application B)Over subscription: offered shares < received applications, excess amount will be refunded C) under subscription: Offered shares >received applications, remaining amount will be taken by underwriter
Shares can be issued at Par. (Market value =par value) Premium,(market value> par value) Discount, (Market value< par value)
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