1) The document discusses the definition and typology of associations and companies. It provides definitions from legal experts and according to the Ordinance of 1984. 2) An association is defined as a group of people formed together for a common purpose. A company is defined as an association of individuals united for some common purpose. 3) Legal experts have defined a company as a creature of the state that possesses an entity distinct from the persons owning its stocks, and as a mere abstraction of law.

1. Subject: Company Law
Standard: LL.B second year
Topic: Association and its typology
MUNIR HUSSAIN KTK
Lecturer
UNIVERSITY LAW COLLEGE
QUETTA
www.facebook.com/pages/Corridor-to-Commercial-Law
Objectives
To learn
1. Definition of Association
2. Typology of Association
3. Meaning of Company
4. Definition of company
1st
Lecture
1. Meaning .
Latin words
Com = together
panies = bread
Companies = together bread
Refer to an association who
took their meals together
Definition of association
A group of people formed together for a common purpose
General Definition .
“ An Association of Individual Form For Some Common Purpose “
Definition by Jurist .
By Lord Justice James.
“A Company is An Association of Person United for Some Common Purpose.
Definition By Jurist .
By Dr Spriegle .
“The Corporation is Creature Of The State And Possesses An
Entity Distinct From The Persons Owing Its Stocks Or Other Security “.
By Lord Selborne .
“The Company is Mere Abstraction of Law “.
. Definition According To Ordinance 1984.
A Company Which Is Formed And Registered Under This
Ordinance” or in Existing Companies.
The Companies which are Registered Under Any Previous Act
The Indian Companies Act 1866.
The Indian Companies Act 1882.
The Indian Companies Act 1913