Artificial legal person

A company is an artificial person created by law and existing only in contemplation of law. It is intangible and invisible having no body and so soul.c It is an artificial person because it does not come into existence through nature birth and if does not possess the physical attributes of a nature person. Like a nature person, it has right and obligations in terms of law. But it cannot do those acts which only a natural person can do, e.g., taking an oath in person, enjoying married life, going to jail, practicing profession, etc. A company is not a citizen and to enjoys no franchise or other fundamental rights.

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