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Corporate Personality legal definition of Corporate ...

Corporate Personality: The distinct status of a business organization that has complied with law for its recognition as a legal entity and that has an independent legal existence from that of its officers, directors, and shareholders. Corporate personality encompasses the capacity of a corporation to have a name of its own, to sue and be sued, ...…

Corporate Personality - Law Teacher

The effort in this paper has been to provide a description of this conception of corporate personality. In doing so, at first the researcher has attempted to introduce the subject by speaking of personality in the widest possible terms and locating its existence even outside the boundaries of law. ... a body corporate such as a joint stock ...…

Corporate Personality in Legal Practice

Corporate personality in legal practice. Differences between corporate personality and limited liability. In practice, just like human beings can have restrictions imposed on their legal personality (take the example of minors) so a company can also have legal personality without limited liability depending on the way it was conferred by law.…

Corporate Personality - Legal Service India

The court in such cases shall break through the corporate shell and apply the principle of what is known as “lifting or piercing the corporate veil”. The corporate veil of a company may be lifted to ascertain the true character and economic realities behind the legal personality of the company.…

TOPIC 2: CORPORATE PERSONALITY: The Foundation of Company …

The company is at law a different person altogether from the subscribers to the Memorandum [shareholders] and though it may be that after incorporation the business is precisely the same as it was before, and the same persons are managers and the same hands receive the profits, the company is not in law the agent of the subscribers or a trustee ...…