Notes on company law
Understand the Problem
The question is asking for notes or information regarding company law, which likely includes topics such as the formation, operation, and regulation of companies. This could be related to legal principles, types of companies, and corporate governance.
Answer
Answer for screen readers
More Information
The companies are considered distinct legal entities, which means they are separate from their owners or members. They have their own legal identity, which grants them the ability to own property, enter into contracts, and sue or be sued.
Tips
A common mistake is confusing the company with its shareholders. It's crucial to understand that a company has a separate legal personality from its shareholders.
Sources
- Company Law and Companies Act Notes and Study Materials - lawbhoomi.com
- UNIT – 1 – COMPANY LAW– SBAA1402 - Sathyabama - sist.sathyabama.ac.in
- Company Law - KLE LAW ACADEMY BELAGAVI - gklawcollege.com
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