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Question : ‘A company is a person, artificial, invisible, intangible and existing only in the eyes of law. Being a mere creation of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence’ This definition is given by?

Option 1: Chief Justice Manon

Option 2: Keyness

Option 3: Chief Justice Marshal

Option 4: Companies Act, 2017


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Chief Justice Marshal


Solution : A company is a person, artificial, invisible, intangible, and existing only in the eyes of law. Being a mere creation of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence’ This definition is given by Chief Justice Marshal.
Hence, the correct answer is option 3.

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