Question

Lakshay has setup a cement company on 10th January,2017. He has got the company registered under the Companies Act, 2013. From the day of its its incorporation it acquires an identity separate from its members. Like natural persons, it can own property, incur debts, borrow money and enter into contracts. The Board of Directors of the company will appoint officials for running the business. Identify and explain any two features of company form of organisation highlighted in the given case. 3 points Your answer

Answer 1

Answer:

lakshey has set a cement company on 10th january