Home › CA Inter › law › Companies Act - Preliminary › The principle that a company is a legal person s…
The principle that a company is a legal person separate from its shareholders was established in the case of:
AFoss v. Harbottle
BSalomon v. Salomon & Co. Ltd.
CRoyal British Bank v. Turquand
DAshbury Railway v. Riche
Answer & Solution
Correct answer: B. Salomon v. Salomon & Co. Ltd.
Salomon v. Salomon established the separate legal personality of a company.
Related questions
Misuse of the corporate form to defraud creditors is a typical ground for:The document that becomes a public company's identity number on incorporation is the:A company limited by shares and a company limited by guarantee differ mainly in the basis Where a subsidiary company itself has a subsidiary, the latter is a subsidiary of the:The concept that a company is an 'artificial person' implies it:Shares of a public company are freely:The maximum number of persons that an OPC can have as members is:A One Person Company must indicate the name of a ___ in its memorandum, who becomes a memb