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definition of company

Dhivya Shree (1 Points)

19 July 2019

what is a company?

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Shivam RC (Student) (23683 Points)
Replied 19 July 2019

According to the Provision of Section 2(20) of the Companies Act 2013, "company" means a company incorporated under this Act or under any previous company law.

Hence a company means a company which is incorporated under the Companies Act 2013 or under any previous company law ( Companies Act 1956 ).

Foreign Company is not an Company as it is not incorporated under the Companies Act 2013 or under any previous company law.

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