corporatisation

Demutualisation refers to the conversion of a “not for-profit” organisation into a “for profit” company. It refers to the transition from “mutually-owned” association to a company “owned by shareholders”. Further, the company may choose to be a listed or an unlisted, closely held public company. The concept of Demutualisation can be applied to any “non-profit “organisation or association.

Corporatisation is nothing but giving an organisation a legal personality and perpetuity.

Thanks for good answer

Hi Srinivas Thanks a lot for this knowledge updation.

thank you sir............. but can u explain it a bit more in relation to securities contract act,1956 ............... section-2..........