company vs body corporate

This query is : Resolved 

26 February 2009 what is d difference between company n body corporate

26 February 2009 Body Corporate is a wider concept than company.
It includes company as well as other enterprises such as foreign companies, public financial institutions etc.

27 February 2009 Yes, I agree with Nitin. Body Corporate is a wider concept then the Company. Body corporate is defined under Section 2(7) and Company is defined under Section 3 of the companies Act, 1956.


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