Restricted liability principle in capital companies and range of legal personality curtain

A human being is legally defined as a natural person on the condition that he is born alive and fully. In our law, there is a legal personality as well as a real person. A legal entity is a group of persons or assets that is not an individual but has the right to have rights and obligations that are considered a separate personality under the law. According to the field of law, it is divided into private law legal person and public law legal person. Capital companies established in accordance with the law have the title of legal personality as of their establishment. The most important result of the Capital Companies gaining the title of legal personality is the principle of separation and the principle of limited liability. The most important difference between capital companies and private companies is that the shareholders of the capital company have limited liability. The principle of limited liability is that the shareholders of the capital companies are limited to the amount they have committed to invest in the company, which is determined in the company's articles of association. The partner of the company fulfills his responsibility to the company by putting the capital he has committed and no other responsibility is imposed on the partner of the company. This is one of the most important reasons why people prefer a capital company in today's commercial life.