Effect of Changing Company Limited by Guarantee to Company Limited by Shares

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Question

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.

Summary

The question belongs to Law and it discusses about a company limited by guarantee and discusses its characteristics and how it is difference from company limited by shares. Changing a company limited by guarantee to a company limited by shares. The effect of such change is explained.

Total Word Count 174

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