Can company become proprietor
This query is : Resolved
14 September 2011
Can anyone tell me that a private limited company become proprietor of any business?
14 September 2011
i also want to know the answer to the above question
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
14 September 2011
Because i didn't here or study about the proprietor of company as per my opinion and logical thinking it is not possible. However i want confirmation.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
14 September 2011
An incorporated company can do all the things as natural person does except few things , example company can not marry, whereas a natural person can marry
It can not be a proprietor because he is a natural person having head, eyes, ears etc.
A company can have a business unit under its name if the object clause of Memorandum of Association of the company permits.
It can not be a proprietor because he is a natural person having head, eyes, ears etc.
A company can have a business unit under its name if the object clause of Memorandum of Association of the company permits.
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