What is Corporation. How is formed Prcedure, Required Capital etc????????? Whether it is defined anywhere
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What is Corporation?
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A corporation is a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members.[1] There are many different forms of corporations, most of which are used to conduct business.. its include Companies, firms etc.
Required Capital for taking the word Corporation is 25 Crores as per new companies ( name Availibilty Rules ), 2011
| Originally posted by : Pravin Gupta CS | ||
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A corporation is a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members.[1] There are many different forms of corporations, most of which are used to conduct business.. its include Companies, firms etc. Required Capital for taking the word Corporation is 25 Crores as per new companies ( name Availibilty Rules ), 2011 |
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Agreed
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