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Basic principles of company law

Only rarely will the law look behind a company and treat it as being the same person as those who control it. This concept of a company as a separate legal personality has two consequences: A company’s property belongs to it and not to its directors, management or shareholders.…

COMPANY LAW - LECTURE NOTES

A company is a "corporation" - an artificial person created by law. A human being is a "natural" person. A company is a "legal" person. A company thus has legal rights and obligations in the same way that a natural person does. 2. Companies and Partnerships Compared (a) A company can be created only by certain prescribed methods - most…

Company - Wikipedia

A company or association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail to discharge) their duty within the publicly declared "birth certificate" or published policy.…

Indian company law - Wikipedia

(ii) Companies that are incorporated by the special Act of Parliament These Companies are incorporated under specified act of Parliament or State Legislature . These companies are formed with the fulfillment of some specified objects at the National level. These Companies are also called as ……