mention four features of a company
Answers
Explanation:
accounrding to the companies act 2013 the company which are incorporated under this Act or any other previous companies Law Is Called as companies...
the features of company are...
perpectual succession
company being an artificial legal person it cannot die by its own... there is a legal proceedings through which the winding up of a company is possible...
common seal...
company bean a separate from it's members who impose it...
it has its own common seal... the common seal is known as the authorized signature of a company...
can sue and sued by others...
a company which is incorporated has the rights to sue and can be sued by others in the case of any fraudulent activity...
contractual rights...
a company has all the rights to get into any contracts by its own...
it just have to sign the contracts with the help of company seal...
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