Which of the following are the characteristics of a company ........

Companies Act-Phase (I & II) Introduction to Company Act

Download Solution PDF

Which of the following are the characteristics of a company?

Company is an artificial legal person and has a separate legal entity

Company has a limited liability

Company has a perpetual succession

Company can hold separate property and has a common seal

All of the above.

छोटे Courses बड़े Results

Master Introduction to Company Act

Prepare through Micro-courses

Try Now

Explanation:

A company may be defined as ‘an incorporated association which is an artificial person, having a separate legal entity with a perpetual succession, a common seal, holding separate property and a common capital comprised of transferable shares with limited liability of members.’