Definition of BODY Corporate

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Ganeshbabu K (Audit and Tax Advisory) (48559 Points)
Replied 22 January 2016

Partnership is not a body corporate but Limited liability partnership(LLP) is a body corporate.

mansi (Practicing Company Secretary) (467 Points)
Replied 17 November 2016

Thank you so much for the valuable information sir P C Agrawal...

Sivaraman A R (.) (1038 Points)
Replied 24 February 2017

Can a society registered under societies registration act (an aop) become a partner of a Normal partnership firm (not llp)?

Jitendra Mathur (Company Secretary) (93 Points)
Replied 13 March 2018

But as per teh defination in section 2(11) LLP can not be a body corporate.

"Body Corporate" or "Corporation" includes a company incorporated outside India.

Vidhyadhar Kulkarni (8 Points)
Replied 14 November 2018

I think there is no clear definition of Body corporate and ironically, Companies Act also does not give any conclusive definition.

kesava raju (11 Points)
Replied 13 February 2019

whether ICAI is a body corporate?

shahyar husain (1235 Points)
Replied 10 November 2020

Can somebody please explain to me about what are the major differences between a company and a body corporate?

Prachi Bansal (3124 Points)
Replied 06 January 2021

Yes, ICAI is a body corporate which is established under The CA Act, 1949 to regulate the profession of Chartered Accountancy in India.

Hope this answers your question.

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