![]() ![]() We will be covering BBA, Machine Learning, B.Com and B.Tech courses in our videos. College Tutor is created with a motive to help students hack their semester exams easily. Under the terms of the Companies Act (1956), which is the company law in India, a company means a company registered under the present Act of the.ĭownload notes pdf for free. ![]() It has the rights to acquire and dispose the properties, to enter into contract with third parties in its own name, and can sue and can be sued in its own name. It must be formally wound up to end its existence. The Companies Act was created in the year 1956 and it ensured that a company is treated as a separate legal entity from its members and that due to lapse or removal of one or all its members, it do not end. It is not a human being but it acts through human beings. It supports the value of financial education, financial independence, and building wealth through investing in assets, real estate investing, starting and maintaining businesses, as well as increasing. ![]() MA Company is an artificial person created by law. Rich Dad Poor Dad PDF Free Download, This is a personal finance book written in 1997 by Robert Kiyosaki and Sharon Lechter. Separate Legal Entity : On incorporation under law, a company becomes a separate legal entity as. (b) insurance companies, except in so far as the said provisions are inconsistent.Ĭorporate law is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. (a) companies incorporated under this Act or under any previous company law. ![]()
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