company law explains
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A company is a corporate body and a legal person having status and personality distinct and separate from the members constituting it. It is called a body corporate because the persons composing it are made into one body by incorporating it according to the law and clothing it with legal personality.
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the set of laws that control how businesses are formed and managed: Under company law, while charities need not be identified in annual reports, beneficiaries of political donations must be.
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