Question

A corporation established under a special law of Parliament:​

Answer 1

Answer:

A statutory corporation is a body corporate formed by a special act of parliament or by the central or state legislature. It is fully financed by the government. Its powers, objects, limitations etc. are also decided by the act of the legislature. It is also called” public corporation”.

Answer 2

Answer:

A statutory corporation is a body corporate formed by a special act of parliament or by the central or state legislature. It is fully financed by the government. Its powers, objects, limitations etc. ... Government nominates the board of directors and they manage and operate such corporations. please mark me brainliest please

Explanation: