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Our Law Firm has a staff of leading commercial legal professionals which have totally different strengths and backgrounds who typically collaborate to work collectively to get outcomes.
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Whereas on the opposite hand, an organization limited by shares is when members’ liability is restricted to the unpaid quantities or shares they hold. The Court held that the word “person” must be given its which means within the context during which it was used, and being a benevolent provision, it was to be given an prolonged which means. The Supreme Court dominated that the term “person” referred to in Order 33, Rule 1, Code of Civil Procedure, 1908 consists of any company, affiliation, or company as a person, whether or not included or not. This article seeks to elucidate the traits of a company and why it is called a synthetic person created by law. This article is written by Mrinal Mukul, a pupil at O.P Jindal Global University, Haryana.
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