Company v/s Body Corporate

This query is : Resolved 

12 November 2008 What is body corporate?
How is it different frm company ?
Thanx

12 November 2008 A body coeporate is one which is incorporated as a legal entity under a legislation. A company is a body corporate.

13 November 2008 PLZ EXPLAIN ME


13 November 2008 It has been answered. What is the clarification needed?

18 November 2008 In English Law (and as a result, throughout the Commonwealth Realms), body corporate is the legal term for a corporation. It is distinct from a natural person, although it has many of the same legal rights.
A body corporate can be either a corporation sole (consisting of a single person) or a corporation aggregate (consisting of two or more persons). The British Crown is an example of a corporation sole, whereas J Sainsbury plc is an example of a corporation aggregate.

26 February 2009 Thanks a lot



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