Death of company all members
This query is : Resolved
Rammi_RP Rawat
(Querist)
15 June 2016
In an accident all members of a company died. Does the compnay still exist ? Please Give reasons.
CA R SEETHARAMAN
(Expert)
15 June 2016
Yes the company still exist. Legal heirs of the members can be the members of the company. Company is a perpetual entity will exist despite death of its members.
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