A business organisation having a separate legal entity, i.e. an identity distinct from its owners, is called a corporation or a company in India. Any corporation can sue or be sued in its own name.
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WhatsApp: +86 18221755073General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private …
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