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Definition of BODY Corporate

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

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

 

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

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.

I think there is no clear definition of Body corporate and ironically, Companies Act also does not give any conclusive definition.
whether ICAI is a body corporate?
Can somebody please explain to me about what are the major differences between a company and a body corporate?

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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