Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Corporate Entity Formation and Powers Under Companies Act 2013: Perpetual Succession, Property Rights, and Legal Proceedings</h1> From the date specified in the certificate of incorporation, the subscribers to the memorandum and future members form a corporate entity under the name in the memorandum. This entity, as per the Companies Act, 2013, possesses perpetual succession and the ability to perform all functions of an incorporated company. It can acquire, hold, and dispose of both movable and immovable property, enter into contracts, and initiate or face legal proceedings under its corporate name. The amendment in 2015 removed the requirement for a common seal.