About this document
Company Law: Key Characteristics Explained by Raees Jutt is a document available to read on EtoBox.
Company Law outlines the basic characteristics of a company. A company has legal personality separate from its owners and shareholders. It also has limited liability, meaning shareholders are only liable up to the amount they invested. A company has perpetual succession, meaning it continues to exist even as owners and shareholders change. It uses a common seal to stamp important documents. There are two types of companies - those formed by special acts of parliament and those formed by general acts, with t
- Author
- Raees Jutt
- Language
- EN