16. What is Right Share?

Answer: In order to increase the capital of the company, all or part of the distributable shares will be distributed among the present shareholders in the future.

17. What are share warrants?

Ans: Public limited companies issue shares in lieu of share certificates to the concerned shareholder for fully realized shares subject to the Parmail rules.

Warrant says.

18. What is raw certificate?

Answer: The documentary evidence issued temporarily to the shareholder as evidence of ownership of part-paid shares is called raw certificate.

19. What is a letter of credit?

Ans: A document bearing the company's own seal promising to pay a fixed rate of interest every year is called a debenture by which a public limited company raises capital as a loan from the public. 20. Who is the managing director?

Answer: The director of the board of directors who is given the responsibility and power to manage the company by the agreement with the company or by any provision or authority of the memorandum of association and the articles of association is called the managing director. 21. What is a management representative?

Ans: A person, partnership or joint-stock company undertakes the management of another company on the basis of an agreement is called management delegation.

22. What is the dissolution of the company?

Ans: Winding up of the company by determining the assets and liabilities of the company by terminating the legal artificial entity and functions of the company and its distribution and settlement is called winding up or liquidation of the company.

23. What is Voluntary Liquidation of Company?

Answer: If the shareholders of the company decide to liquidate the company through mutual discussion in their general meeting without the supervision of the court, then the company will be dissolved.

Voluntary deletion force.