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प्रश्न
Briefly explain the following term: Artificial person
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उत्तर
By the term artificial person, we mean that a company is created as a separate legal entity under the law and is a juristic person. However, unlike human beings, a company, as an artificial person, cannot breathe or talk, cannot sign its documents and cannot negotiate with its customers. In contrast, like human beings, a company does have its own life that is truly independent of the life of its members. Hence, because of these dissimilarities and similarities, a company is regarded as an artificial person.
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संबंधित प्रश्न
Distinguish between Private Company and Public Company.
State true or false.
The ownership and management is not separated in a Joint Stock Company.
A company in which there are maximum 50 members.
Features of a Government company.
A company which is incorporated under Special Act of Parliament.
Features of Multinational Companies.
The maximum number of members in a private limited company are ______.
Select the proper option from the options given below and rewrite the completed sentence.
The liability of the shareholders in the public limited joint stock company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum numbers of persons required for the registration of a private company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum number of Directors in a public company are ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum amount of paid up capital for public company is ________.
Distinguish between the following.
Private Limited company and Public limited company
Write short note on the following.
Features of Joint Stock company
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Perpetual succession
