Meeting of X Ltd. was going on in which all the members of the company were present suddenly a natural calamity occurred and all the members of the company X Ltd. died. What would happen to the existence of the company 'X' Ltd. Why?
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19
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X Ltd. exist even if all the members of company died because company is created by law and only law will dissolve it.
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2
Answer :
X Ltd. Company will even exist after the death of all the members of the company.
Because this company was created under law and now law will only be dissolving this issue.
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