Meaning of Perpetual Succession -
Perpetual succession is a legal concept that refers to an organization’s perpetual or continuous existence, typically a corporation or a company, regardless of ownership, management, or membership changes. In simpler terms, the organization continues to exist and operate even when key individuals, such as owners or directors, change due to various circumstances like retirement, death, or the sale of shares.
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🔴 In this video - #padhakulog
Teacher's Name - CS Payal Popli
Topic - Meaning of Perpetual Succession #padhakulog
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