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    Corporate Personality

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    Ashfaak Mahir
    The document provides an introduction to corporate law and the principle of corporate personality. It defines corporate personality as a business organization having a separate legal existence distinct from its officers, shareholders, and directors. It can own property, sue, and be sued under its own name. A short video further explains the concept of a company being a separate legal entity from its members.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Corporate Personality

    Uploaded by

    Ashfaak Mahir
    2 views10 pages
    The document provides an introduction to corporate law and the principle of corporate personality. It defines corporate personality as a business organization having a separate legal existence distinct from its officers, shareholders, and directors. It can own property, sue, and be sued under its own name. A short video further explains the concept of a company being a separate legal entity from its members.

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    Law Notes

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    The document provides an introduction to corporate law and the principle of corporate personality. It defines corporate personality as a business organization having a separate legal existence distinct from its officers, shareholders, and directors. It can own property, sue, and be sued under its own name. A short video further explains the concept of a company being a separate legal entity from its members.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    2 views10 pages

    Corporate Personality

    Uploaded by

    Ashfaak Mahir
    The document provides an introduction to corporate law and the principle of corporate personality. It defines corporate personality as a business organization having a separate legal existence distinct from its officers, shareholders, and directors. It can own property, sue, and be sued under its own name. A short video further explains the concept of a company being a separate legal entity from its members.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    Introduction to Corporate

    Law and
    The Principle of
    Corporate Personality
    Why Would You Create a
    Company?
    The Legend of
    Peugeot
    The Story of the
    Maliban Mudalali
    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, and to have the right to purchase, sell,
    lease, and mortgage its property in its own name.
    -West's Encyclopedia of American Law, edition 2. S.v. "Corporate Personality." Retrieved October 24
    2021 from https://legal-dictionary.thefreedictionary.com/Corporate+Personality

    • In simple terms, a company is a separate legal entity distinct from its


    members.

    • Listen to the explanation in the following video:


    https://www.coursera.org/lecture/formation-of-legal-entities/companies-and-leg
    al-personality-zzFBd
    Answer the Multiple Choice Questions
    Given in the Zoom Poll
    Please read the article on ‘Lifting the Corporate Veil’ which has been
    uploaded to the LMS and write a one page summary of it in preparation
    for the next tutorial

    “From Peeping Behind the Corporate Veil, to Ignoring it Completely”


    by S. Ottolengh
    Food for Thought…

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