Company is legal fiction which is incorporated under Companies Act. Company is an association to achieve common object from commercial and industrial or other any business. It is an artificial being, invisible, intangible and existing only in contemplation of law. It has neither a mind nor a body of its own.
Any person desirous of undertaking any enterprise with profit or service object may, either singly or jointly with others, incorporate any company. When a company gets incorporated, the law creates new identity as a legal person or legal entity.
Any Company becomes a corporate body after incorporation. It shall have independent corporate existence, limited liability, perpetual succession, transferable share, separate personality, capacity for suits etc.
Company is legal person it does not take any decisions and does not function itself but it can play pervasive role in the world. Initially investment is required for setting up a business and for the protection of the investment made in business, business registration is needed. MLF has 21 years experience in his field of company consultancy, company mergers and acquisition, foreign investment business incorporation, and Litigation:
You want carry out any business for capital gain or service, law creates new identity . If you have any curiosity please contact our office or email us at email@example.com for more information, we ready professional assist you.