company law
ankit gupta
(Querist) 20 August 2008
This query is : Resolved
respected sir/ mam
what is neded too pen a company by guarantee and nat by capital.
Manish Singh
(Expert) 21 August 2008
every thing else which is a must to incorporate a company is needed for company limited by guarantee except the clause of share capital in the memorandum . instead you will have to mention the amount of guarantee the members are taking upon him in respect of the company.
there could be two kind of company limited by guarantee 1) with share capital
b)without share capital