Business Studies

Statutory meeting is to be held by __________________.


ANSWER

Public Limited company


SOLUTION
It is a limited liability company whose shares may be freely sold and traded to the public (although a plc may also be privately held, often by another plc), with a minimum share capital of £50,000 and usually with the letters PLC after its name.
It is a limited liability company whose shares may be freely sold and traded to the public (although a plc may also be privately held, often by another plc), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Public limited companies will also have a separate legal identity.
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Single Correct Medium Published on 18th 08, 2020
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