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Corporation aggregate - Indian Laws - GeneralExtract Meaning of Corporation aggregate Corporation aggregate , has been defined by Halsbury s Laws of England, Fifth Edition, Vol. 24 to the following effect: 312. Meaning of Corporation aggregate . A corporation aggregate has been defined as a collection of individuals united into one body under a special denomination, having perpetual succession under an artificial form, and vested by the policy of the law with the capacity of acting in several respects as an individual, particularly of taking and granting property, of contracting obligations and of suing and being sued, of enjoying privileges and immunities in common and of exercising a variety of political rights, more or less extensive, according to the design of its institution, or the powers conferred on it, either at the time of its creation or at any subsequent period of its existence. CIT (TDS), KANPUR AND ANR. VERSUS CANARA BANK- [ 2018 (7) TMI 664 - SUPREME COURT ]
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