Definition
Bylaws are a set of rules and regulations adopted by a corporation or organization to govern its internal affairs and operations. Bylaws typically address matters such as the structure of the organization, roles and responsibilities of officers and directors, meeting procedures, and voting rights. Bylaws are legally binding and must be consistent with the company's articles of incorporation and applicable laws.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.