Question

A company is incorporated by:

• A. A Special Act of Parliament
• B. Companies Act
• C. Agreement of investors
• D. (A) and (B) both

Hint:

General companies → under Companies Act; Statutory companies → under Special Act of Parliament.

Answer 1

The Correct Option is D

Step 1: Types of companies by incorporation.
- Companies may be incorporated under the Companies Act, 2013 (general companies).
- Some companies are created by a Special Act of Parliament (e.g., LIC, SBI).
Step 2: Eliminate wrong option.
Agreement of investors alone does not create a legal company. Registration under law is essential.
Step 3: Conclude.
Therefore, a company can be incorporated by both (A) Special Act of Parliament and (B) Companies Act.
Final Answer: \[ \boxed{\text{(A) and (B) both}} \]