whether a club is usually constituted as a company limited by guarantee or not
Ramandeep singh (CA-final,M.com (Final)) (59 Points)
12 December 2010whether a club is usually constituted as a company limited by guarantee or not
CA. MUKESH KUMAR
(CHARTERED ACCOUNTANT)
(183 Points)
Replied 14 December 2010
If a club is constituted as a company then it is usually constituted as a company limited by guarante. However in most of the cases it is constituted in the form of AOP/BOI.
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