Company v/s Body Corporate
This query is : Resolved
Karuna Sethi
(Querist)
12 November 2008
What is body corporate?
How is it different frm company ?
Thanx
How is it different frm company ?
Thanx
S.Srinivasaraghavan
(Expert)
12 November 2008
A body coeporate is one which is incorporated as a legal entity under a legislation. A company is a body corporate.
Karuna Sethi
(Querist)
13 November 2008
PLZ EXPLAIN ME
S.Srinivasaraghavan
(Expert)
13 November 2008
It has been answered. What is the clarification needed?
Ravikumar.G
(Expert)
18 November 2008
In English Law (and as a result, throughout the Commonwealth Realms), body corporate is the legal term for a corporation. It is distinct from a natural person, although it has many of the same legal rights.
A body corporate can be either a corporation sole (consisting of a single person) or a corporation aggregate (consisting of two or more persons). The British Crown is an example of a corporation sole, whereas J Sainsbury plc is an example of a corporation aggregate.
A body corporate can be either a corporation sole (consisting of a single person) or a corporation aggregate (consisting of two or more persons). The British Crown is an example of a corporation sole, whereas J Sainsbury plc is an example of a corporation aggregate.
Karuna Sethi
(Querist)
26 February 2009
Thanks a lot
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