Question

death , insolvency of insanity do not interrupt the existence of the company justify this statement

Answer 1

Answer:

because death of a member or patner of a company does affect its management or working.

As it is a joint stock company,there is no more liability to the members so also the insolvency of insanity doesn't affect company's existence..

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hope it's right and helpful

Answer 2

Answer:

Perpetual Existence – The existence of a Company is not affected by the retirement, death, lunacy or insolvency of its members. Shareholders may come and Shareholders may go but the Company goes on forever, unless wound up according to Companies Act.