Important Functions or Role of an Office Manager Since the office work is basically a service function, office manager performs a significant role in the performance of office
Relationship between the Memorandum and Articles The following are some of the relation between Memorandum of Association and Articles of Association. 1. Both these documents are subordinate to
Definition of Mercantile Law or Business Law Mercantile law may be defined as that branch of law which consists of laws relating to trade, industry and commerce. It
What is Ultra Vires? The term “Ultra” means beyond and “Vires” means powers. The term, therefore, means the doing of an act, which is beyond the legal power,
Duties of a Promoter The following are the important duties and liabilities of a promoter: 1. Duty to Disclose The promoter is under a duty to disclose fully
Voluntary winding up is of two types. They are Members Voluntary winding up, and Creditors’ Voluntary Winding up. This article discusses the procedures pertaining to Members’ Voluntary Winding
Legal effects of Memorandum and Articles when registered The effect of the Memorandum of Association and the Articles of Association when registered is that they bind each member
What is Caveat Emptor? The maxim Caveat Emptor means let the buyer beware. In other words, the buyer must take care of his own interest while purchasing the
Selective or Qualitative Credit Control Measures of RBI Under the selective or qualitative credit control methods, the RBI encourages flow of credit only to certain types of industries
Stages in the development of levy of tax The levy of tax has crossed over various stages to reach the present state. Prof. E.R.A. Seligman has listed out