Business Studies

The government company has a separate legal entity apart from the government.


ANSWER

True


SOLUTION
company is a separate legal entity as distinct from its members. A company is a separate legal entity as distinct from its members, therefore it is separate at law from its shareholders , directors , promoters etc and as such is conferred with rights and is subject to certain duties and obligations.
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TRUE/FALSE Medium Published on 18th 08, 2020
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