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- CorporationLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.As far as Companies Act 2013 is concerned, “company” means a corporation organised under this Act or in accordance with any former statute of the corporation [Section 2 (20)]. An organisation is not only a legal entity. Rather, it is a legislative instrument for the achievement of social and economic goal.lawtimesjournal.in/meaning-and-nature-of-compan…There are many definitions of a Company by various legal experts. However, Section 2 (20) of the Companies Act, 2013, defines the term ‘Company’ as follows: “Company means a company incorporated under this Act or under any previous company law.”www.toppr.com/guides/business-laws/companies-a…
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