Corporation - Definition - Law Dictionary Home Dictionary Definition corporation

Definition :

Corporation, a co-operative society is a corporation, Daman Singh v. State of Punjab, AIR 1985 SC 973 (978): (1985) 2 SCC 670. [Punjab Co-operative Societies Act (25 of 1961) s. 30]

'Corporation' is an artificial being created by law having a legal entity entirely separate and distinct from the individuals who compose it with the capacity of continuous existence and succession, notwithstanding changes in its membership. In addition, it possesses the capacity as such legal entity of taking, holding and conveying property, entering into contracts, suing and being sued, and exercising such other powers and privileges as may be conferred on it by the law of its creation just as natural person may, S.S. Dhanoa v. Municipal Corpn., (1981) 3 SCC 431: AIR 1981 SC 1395 (1398). [Penal Code (45 of 1860), s. 21, Cl. (12)]

'Corporation' referred to under s. 20 Expln of CPC mean not only statutory corporation but also a company registered under the Indian Companies Act, Hakam Singh v. Gamnar (India) Ltd., AIR 1971 SC 740 (741). [Civil Procedure Code, (5 of 1908), s. 20 Expl. II]

Has no right under Art. 19 of the Constitution of India, Tata Engineering Co. v. State of Bihar, AIR 1965 SC 40.

Has a legal entity separate from that of its holders, Chiranji Lal v. Union of India, 1950 SCR 869.

Is an artificial being, indivisible and existing only in contemplation of Law, A Dictionary of Law, William C. Anderson, 1889, p. 260.

Corporation, may be defined as a body of persons or an office which is recognised by the law as having a personality which is recognised by the law as having a personality which is distinct from the separate personalities of the members of the body or the personalicty of the individual holders for the time being of the office in question, Halsbury's Laws of England, Vol. 9, para 1201, p. 716.