What is Cheque ? Characteristics of a Cheque
Definition of Cheque [Section 6] Section 6 defines cheques are ‘”a bill of exchange drawn on a specified banker and not expressed to be payable… Read More »What is Cheque ? Characteristics of a Cheque
Business Law
Promissory Note Definition and Characteristics
Definition of Promissory Note A promissory note is an instrument in writing (not being a banknote or a currency note), containing an unconditional undertaking signed… Read More »Promissory Note Definition and Characteristics
Information Technology Act, 2000
The Information Technology Act, 2000 is also known as ITA-2000, or the IT Act. It is an Act of the Indian Parliament No 21 of 2000 notified on 17 October 2000.… Read More » Information Technology Act, 2000
Consumer Rights and Responsibilities
Consumer Rights and Responsibilities Under Consumer Protection Act,1986 Consumer Rights 1. Right to Safety: According to this right the consumers have the right to be… Read More »Consumer Rights and Responsibilities
The Securities And Exchange Board of India(SEBI)
(SEBI)Securities & Exchange Board of India established by The Government of India in 1988, the through an executive resolution. It was subsequently upgraded as a… Read More »The Securities And Exchange Board of India(SEBI)
Difference between Private company and Public Company
Definition of Private Limited Company A Private Company is an association of persons formed voluntarily, having the minimum paid-up capital of Rs. 1,00,000. The maximum number… Read More »Difference between Private company and Public Company
Kinds of Companies
Companies can be differentiated by their different basis they are shown in the below: 1. On the Basis of Incorporation i. Chartered Companies: Those companies, which… Read More »Kinds of Companies
Definition of Company and Characteristics
A Company means a group of persons associated to achieve some common object. Such as the economic gain of its members. However,in law any association of persons for… Read More »Definition of Company and Characteristics
Essentials of Contract of Sale
The sale of goods Act came into force July 1,1930. It extends to the whole of India except the state of Jammu and Kashmir. According… Read More »Essentials of Contract of Sale
Define Offer?Types of Offer
Offers may defines,According to Section 2(a) of The Indian Contract Act, 1872, “A person is said to have made the proposal when he signifies to another… Read More »Define Offer?Types of Offer