Why Do We Require Company Law?

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Presentation transcript:

Why Do We Require Company Law?

The word company means a business which is an arranged or organized series of operations. In business, people don’t require any law for any transaction or to connect people with their business. For any services, they require some contracts or legal documentary for the same.

Features of Company Everlasting Continuation When a company is established and it starts functioning their objects or products. When all these things completed done and some of the members leave the company, in that case, company will still exist. Ability to Sue and be Sued: Every company has their own legal identity; it has all authorities to sue the violators and has all the authorized ability to be sued for civil harm.

What is Private and Public Company? Private Company Public Company A private company is a company where the one where the shareholders of the company are not from the general public. They may be the partners of a company of directors. A public company is the company where the shareholders of the company are from general public and company will divide their share into parts and distribute it to the public to grow their business.

How to Write Company Law Assignment: Explain company law case studies and related legal theories are used. The company law requires explained content. Experts on the subject, use the appropriate referencing style for better knowledge.

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