A Company is ........

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

Download Solution PDF

A Company is:

A citizen and has nationality and domicile

Not a citizen but has nationality and domicile

A citizen and but not having nationality and domicile

None of the above

छोटे Courses बड़े Results

Master Introduction to Company Act

Prepare through Micro-courses

Try Now

Explanation:

In a famous case of State Trading Corporation of India Vs. the CTO, the Supreme Court held that though a company is a legal person in eyes of law but it is not a citizen of India. It cannot enjoy fundamental rights guaranteed by the Constitution of India and the provisions of Citizenship Act. Company has nationality and domicile but not citizenship.