"Company is a collection of various persons united into one body under particular roof, having perpetual succession under the policies of law. In India the company as an entity has several distinct features which together make it a unique organization. The following are the defining characteristics of a company: Separate Legal Entity, Limited Liability, Perpetual Succession, Separate Property, Transferability of Shares, Common Seal, Capacity to sue and being sued, Separate Management and One Share-One Vote.
Company Law, also known as business law or enterprise law, is the embodiment of law that applies to the rights, relations and conduct of persons, companies, organizations and businesses.
In this course professional will study how corporations, investors, shareholders, directors, employees, creditors and other stakeholders such as consumers, the community, and the environment work together and on what terms they stand. Companies depend on the particular law of the specific country they belong to or they will interact with them for trade and pacts. Renowned Companies are usually publicly listed on stock exchanges around the world.
In common law countries today, the most commonly addressed forms are: Corporation, Limited Company, Unlimited company, Limited liability partnership, Limited partnership, Not-for-profit corporation, Company limited by guarantee, Partnership and Sole Proprietorship."