company vs body corporate
This query is : Resolved
26 February 2009
what is d difference between company n body corporate
26 February 2009
Body Corporate is a wider concept than company.
It includes company as well as other enterprises such as foreign companies, public financial institutions etc.
It includes company as well as other enterprises such as foreign companies, public financial institutions etc.
27 February 2009
Yes, I agree with Nitin. Body Corporate is a wider concept then the Company. Body corporate is defined under Section 2(7) and Company is defined under Section 3 of the companies Act, 1956.
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