Question
Which of the following is not considered a corporate
person under Indian law?Solution
A partnership firm is not regarded as a corporate person. Unlike corporations, partnership firms do not have an independent legal identity apart from their partners. Instead, they represent a group of individuals who have come together through a partnership agreement to conduct business. Although partnership firms can undertake contractual obligations and participate in business ventures, they do not possess the distinct legal personality or limited liability characteristic of corporate entities. Therefore, partnership firms are not categorized as corporate persons.
"Khelo India Mission" is launched with a talent development pathway covering which levels?
REC Limited and Bank of Baroda signed a Memorandum of Understanding (MoU) to jointly finance which types of projects in India?
How many wildlife underpasses were built on NH-45 as part of India’s first wildlife-safe road project?
By which date is the Telangana government aiming to roll out the Bhu Bharati portal across the state?
What was the net direct tax collection in India for April-November 2024?
Which of the following is not an isotope of oxygen?
For which class of students is the National Talent Search Examination (NTSE) conducted by the National Council of Educational Research and Training (NCE...
Which institute has retained the top spot in the National Institute Ranking Framework (NIRF), 2023 according to the Ministry of Education?
What is the objective of ONGC's Sea Survival Centre inaugurated by PM Modi in Goa?
Who among the following is NOT a member of India's National Development Council (NDC)?
