A company is an artificial person ,created by law that has a separate legal entity, perpetual succession and common seal and has limited liability.Company also means a company formed and registered under Companies Act 2017 or Company law .
Example:
Microsoft Corporation is a legal entity formed under the laws of the State of Washington,USA.
The major steps in formation of a company are as follows:
1: Promotion Stage
2: Registration Stage
3: Incorporation Stage Law
4: Commencement of Business Stage
