Professional Documents
Culture Documents
Incorporation of a company
A company is a corporation
It has succession
It can be sued and being sued
Example Cases Soloman
Vs Aron Soloman
Leather boots manufacture- Aron
Formed a company limited by shares
Six shares- wife, children, himself
To cover the balance amount borrowed
from debenture holder
High court ( Aron had to pay)
Ort of appeal (Same)
House of lord company has to settle