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Company Formations India Company Formations India
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Characteristics of a Company

Any Company Private or Public formed and registered according to The Company Act of 1956 has the following salient features:
  • A separate legal entity
  • An artificial legal body or person
  • An organized and incorporated body
  • Perpetual succession
  • Limited range of liabilities
  • Common seal
  • Right to enter in contracts
  • Right to own property
  • Right to sue
  • Flexibility of investment



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