Alpine Law Associates is the leading full-service law firm encompassing a wide range of legal practices located in Kathmandu, Nepal. It consists of a team of the country's best lawyers, each with expertise in their respective fields, tailored to meet clients' specific needs.
Anamnagar-29, Kathmandu
Discover the detailed categorization of companies in Nepal under the Company Act, 2063. Learn about private, public, nonprofit, foreign, and government companies, including their characteristics, requirements, and legal frameworks. Alpine Law Associates, a leading law firm in Nepal, provides expert insights to help you understand business entities and their regulatory compliance.
A corporate body is an artificial juridical person created by law, possessing distinct rights, obligations, and duties. Key attributes of corporate bodies include corporate personality, limited liability, perpetual succession, separate property ownership, capacity to sue and be sued, contractual rights, and the use of a common seal. Governed by Nepal's Company Act 2063, these features establish a company as an independent legal entity, ensuring stability, shareholder protection, and business continuity. This article delves into these legal characteristics, emphasizing their importance in the successful operation and growth of corporate entities.
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