“Company is artificial legal person, having perpetual succession and common seal.” Explain the Statement in the light of Company Act, 2017
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A company seal is an official seal used by a company. Company seals were predominantly used by companies in common law jurisdictions, although in modern times, most countries have done away with the use of seals. In the UK, a company may have a company seal under the provisions of Companies Act 2006 section 45.
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