Can anyone explain the difference between company and body corporate?
both are same for me t
hanks in advance
by SVB
For CA Exams:- visit:- www.cavictory.blogspot.com
Vinothbabu.S (CA Student) (85 Points)
25 January 2009Can anyone explain the difference between company and body corporate?
both are same for me t
hanks in advance
by SVB
For CA Exams:- visit:- www.cavictory.blogspot.com
PiyushAgrawal
(Chartered acooutant in practice)
(575 Points)
Replied 25 January 2009
AS per Company Law sec2 :-Bodycorporate inculdes comapny incorporated outside india.
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 25 January 2009
THERE MIGHT BE A THIN LINE BETWEEN THE TWO.........BUT I THINK BOTH HVE SAME MEANING......
Ajay Vikram Bochiwal
(Internal Auditor)
(52 Points)
Replied 25 April 2011
Asper Company Act 19556 (1 of 1956) Company includes only Indian Company which is incorporated in India whereas Body corporates = company + Foreign Company
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