IS A COMPANY ALWAYS LEGALLY SEPARATE FROM ITS SHAREHOLDERS? One of - TopicsExpress

IS A COMPANY ALWAYS LEGALLY SEPARATE FROM ITS SHAREHOLDERS? One of the most important limitations imposed by the companys Act on the recognition of the separate personality of each individual company is in connection with associated companies within the same group enterprise. In practice it is common for a company to create an organisation of inter-related companies each of which is theoretically a separate entity but in reality part of one concern represented by the group as a whole. Such is particularly the case when one company is the parent or holding company and the rest are its subsidiaries. ow.ly/GYFHa

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