Salomon v Salomon amp Co Salomon Case Independent legal personality
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The case of Salomon Salomon Co. Ltd., 1897 established the principle of corporate personality, which means that a company, once incorporated, is treated as an independent legal entity, separate from its shareholders. This principle is the cornerstone of modern corporate law and underscores the limited liability of shareholders, meaning that their personal assets are protected if the company incurs debts or liabilities • Notes:- https://www.niyamskanoon.com • Telegram:- https://t.me/niyamskanoon
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