Business Studies, asked by seemasanjaysingh2141, 9 months ago

what is statutory company​

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Answered by sacaretorr
5

Answer:

Statutory corporations are public enterprises brought into existence by a Special Act of the Parliament. The Act defines its powers and functions, rules and regulations governing its employees and its relationship with government departments. ... It is a corporate person and has the capacity of acting in its own name.

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Answered by Anonymous
4

Answer:

Hiii....jerry...

Statutory corporations are public enterprises brought into existence by a Special Act of the Parliament. The Act defines its powers and functions, rules and regulations governing its employees and its relationship with government departments. ... It is a corporate person and has the capacity of acting in its own name....

i hope ur help....

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