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off-course company can become shareholder of other company , they are the artificial person they could anything as the legal person.
This is simply the doctrine that the directors of a company cannot be personally held liable by the company or shareholder. It distinguishes the company as a 'legal' person that may sue for breach of his or rights.
CONTINUITY: the death or retirement of a shareholder will not hamper the operation of the business. LIABILITY: the liability of the shareholder is limited to their investment's. This clause also protects their personal property from being liquidated to cover any debts of the company. The company has it's own legal identity
As far as I am aware a private limited company can purchase land. The private limited company has got its own legal entity and as such can enter into the purchasing of land under the name of the limited company. This will mean that the private limited company will own the land and no sinlge member, shareholder or director will have ownership and their names won't be on any legal documents relating to the ownership of the land. I hope this answers your question!
yes in Pakistan you have to get registered every private property for acquiring its full legal rights
lee was the controlling shareholder having 2999 shares out of 3000 shares of company and was director of a company formed by him. he was also employed by the company. he was killed in the accidents and his wife claimed compensation from the company. but her claim was successful. it was held that lee and the company had separate legal personalities and compensation was payable to lee as an employee.
Yes it is legal, but he may have gotten a private number and the phone company cannot give it out.
If they have the legal rights to the site.
Private liability is a type of company that offers limited liability. This limited liability can also include limited legal protection for its shareholders.
A private policy is a legal document posted on websites that detail how visitorâ??s information is collected, stored, and treated by the company.
First, Your civil rights (if you're meaning constitutional) can't be violated by a private company. The constitution only protects you from the government. If a government agency violated your rights you, but preferably an attorney, can file a claim in federal court. Some organizations like the ACLU will offer services for free. Other attorneys will want payment up front, a part of the judgment (or in most cases the settlement), or will offer their serves pro bono.
A limited company is a company with limited liability. As per the company law, a company is legal entity and can have assets and liabilities. In India, we have two types of Limited companies i.e. a public limited company and a private limited company. A public limited company has its shareholders as public and a private limited is owned and governed by an individual or a group of individuals.