Company : Its Nature, Characteristics, Kinds And Formation Provided Under The Companies Act, 2013
Keywords:
Act, Certain, Company, Kinds, NatureAbstract
The company of any nature is formed with the common purpose and common trade or common business in order to share profit and loss arising therefrom. As we know company is a legal entity as per legislation provided. Certain characteristics are there related with company that has to be expressly discussed. There are different kinds of companies provided under the companies act, 2013. There is specific procedures and rules for the formation of each kinds of company. There are certain beliefs and behaviours that determine how employees of the company’s interact and transact with each other. The culture of company may vary from company to company. The present study is about the nature of company alongwith its characteristics. The kinds of companies and also the rules for formation of companies are discussed.
References
- Dr. G.K. Kapoor, Taxmann’s company Law and Practice-A, Comprehensive text book on companies Act, 2013, 2017 (22 Edition)
- Anil Kumar, Company Law, 2017
- Lexis Nexis, The companies Act, 2013 with Rules & Forms.
- Dr. S.R. Myeni, Company Law, 3rd Edition, 2017, Asian Law House.
- Universal’s Companies Act, 2013 (No. 18 of 2013)
- Taxman’s Companies Act, 2013, Volume I, 2
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