SIMILARITIES AND DIFFERENCES CO-OPERATIVE AND LIMITED LIABILITY COMPANY
Features | Cooperative Society | Limited Liability Company | |
1 | Formation | May only be registered under cooperative laws | Must be registered and incorporated under the Company Act. |
2 | Management | Elected committee manages the affairs of the society | The shareholders elect board of directors |
3 | Registration | Members pay registration fee apart from the shares | Registration fees are not paid after paying fully for the shares hold |
4 | Distribution profit | Surplus is divided on patronage basis | Surplus is divided in proportion to share holding |
5 | Aim | To promote members’ welfare | To make profit |
6 | Right of members | Members have equal voting rights | Members have controlling power on the basis of their shares |
ROUND WORM OF PIGS
161. LIVER FLUKE
162. ECTO PARASITES
163. TICK
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