Justify the following statement :There is no political interference in

1.	Justify the following statement :There is no political interference in statutory corporation.
Answer» 1. A Statutory corporation is an autonomous corporate body. 2. Statutory corporation is an artificial person created by law and it has an independent legal entity. 3. Employees are not government servants. 4. A statutory corporation enjoys financial autonomy or independence. 5. A statutory corporation comes into existence by following particular act, therefore, there is no political interference in formation. 6. Thus, all statutory corporations are free from political interference.

Justify the following statement :There is no political interference in statutory corporation.

Answer»

1. A Statutory corporation is an autonomous corporate body.

2. Statutory corporation is an artificial person created by law and it has an independent legal entity.

3. Employees are not government servants.

4. A statutory corporation enjoys financial autonomy or independence.

5. A statutory corporation comes into existence by following particular act, therefore, there is no political interference in formation.

6. Thus, all statutory corporations are free from political interference.