What is a company limited by guarantee and what are its


Problem:

What is a company limited by guarantee and what are its characteristics? Explain the procedure for a company limited by guarantee to change to a company limited by shares. Also explain the effect of such a change.

Additional Information:

This question is belongs from Law as well as it explains about a company limited by guarantee and explains its characteristics and how it is difference from company limited by shares. Changing a company limited by guarantee to the company limited by shares. The effect of such change is described.

Total Word Limit: 174 words

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Business Law and Ethics: What is a company limited by guarantee and what are its
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