Saloman vs Saloman & Co. (1897) Fact of the case - In this case, Mr. Saloman was engaged in the business of manu...
Characteristics of Joint Stock Company
Joint Stock Company - A joint stock company is a company whose capital is divided into shares and the liability of whose shareh...
Difference between Lockout and Closure
No Lock-Out Closure 1 According to Section 2(l)...
Difference between Agent and Servant
No Agent Servant 1 An agent is employe...
Difference / Distinction between Stock and Shares
The Capital of a Company is usually divided into certain indivisible units of a fixed amount, these units are called Shares and Stock is...
Transmission of shares and Difference/ Distinction between Transmission and transfer of shares
The Capital of a Company is usually divided into certain indivisible units of a fixed amount, these units are called Shares. '...
Difference/ Distinction between Layoff and Strike
No Layoff Strike ...
Kinds of Debentures
Kinds of Debentures are as follows - 1. Bearer or unregistered debentures: These are debentures which are payable to bearer....
Debenture, Characteristics of Debenture
The most usual form of borrowing by a company is by a company is by the issue of debentures. According to Section.2 (12), ‘debent...
When a Private Company becomes a Public Company
A company means "a Company formed and registered under the Companies Act 1956 or an existing company. Companies incorporated ...
Characteristics of a Company
A company is a voluntary association of persons formed for some common purpose, with capital divisible into parts, known as shares...
Difference between a Company and Partnership
No A Company Partnership 1 Mode of Creatio...
See Also..
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1) Consider the following statements : A) Every promise is an agreement. B) Every agreement is a contract. C) A contrac...
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1) Which one of the following element is not necessary for a contract ? A) Competent parties B) Reasonable terms and condition...
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1) Give correct answer : A) Void agreements are always illegal. B) Illegal agreements are always voidable . C) Illegal a...
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Computer is an important part of an accounting system. Computerized accounting systems are important to business in various...
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Advantages of Law - There are many Advantages of law... some of the them are as follows : 1) Uniformity and Certainty: ...