Difference
This query is : Resolved
05 August 2014
what is difference between body corporate and company????
05 August 2014
body corporate refer to corporatized structures of which company is also a type of body corporate.
corporations organized under acts of govt but not incorporated as companies are also body corporate.
So to say each company is a body corporate but not every body corporate is a company
corporations organized under acts of govt but not incorporated as companies are also body corporate.
So to say each company is a body corporate but not every body corporate is a company
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