What do u mean by company?

A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity. A company’s business line depends on its structure, which can range from a partnership to a proprietorship, or even a corporation.

Is company a person?

The incorporation of a company is an artificial entity recognized by the law as a legal person that exists independently with rights and liability. This means that a company is treated as a separate person from its participants. It is owned by at least one shareholder and managed by at least one director.

What is the company Broadway show about?

The show first premiered on Broadway in 1970 and was so acclaimed that it was nominated for 14 Tony Awards and won six of them, a record at the time. Company is considered one of the first popular concept musicals. Company follows Bobby, who is single and surrounded by married people, on the eve of his 35th birthday.

What is company and types?

A company is a body corporate or an incorporated business organization registered under the companies act. It can be a limited or an unlimited company, private or a public company, company limited by guarantee or a company having a share capital, or a community interest company.

How does a company work?

A company is an entity which has a separate legal existence from that of its owners, managers operators, employees and agents. A company has the same power as an individual including the power to own and dispose of property, sue and be sued, and enter into contracts.

What is the nature of company?

NATURE OF A COMPANY A company has a dual nature, as an association of its members but also as a person separate from its members. As soon as necessary formalities of incorporation are satisfied, a new entity comes into existence which is separate and distinct from its directors and shareholders.

Can company mean friends?

A guest or guests: had company for the weekend. c. The state of friendly companionship; fellowship: was grateful for her company; friends who finally parted company. 3. a.

Is company a legal person?

Though a company is a legal person, it is not a citizen under the constitutional law of India or the Citizenship Act, 1955. The reason as to why a company cannot be treated as a citizen is that citizenship is available to individuals or natural persons only and not to juristic persons.

Is Company musical appropriate for kids?

Company: Recommended for 8 +. Children under the age of 4 are not permitted in the theatre.

Is Company the musical funny?

It’s silly and sophisticated, intimate and in-tune with the currents of modern life, brilliantly conceived and funny as hell.

How is a company formed?

There are several steps involved in the registration phase, and are as follows: Memorandum of Association: A memorandum of association (MoA) must be signed by the founders of the company. A minimum of 7 members are required in case of a public company and 2 in case of a private company.

How is company formed?

Formation of a company is a complex activity involving completion of legal formalities and procedures. To fully understand the process one can divide the formalities into three distinct stages, which are: (i) Promotion; (ii) Incorporation and (iii) Subscription of capital.