Digital Diary

Meaning of director company

is an artificial person having independent extend in the eyes of low in b and if artificial person has no mind and cannot act it Avan person it can act also only throw some human agents as a matter of fact the company is owned by its shareholder this year older be large in number and structure all over the country...

number of director

the Companies Act has fixed the minimum number of director which a company must have this are different for public and private company every public company must have a little three director and every other company private company must have a ladies to director...

qualification of director the Companies

Act does not define any qualification for a director what on the witches of explanation given a different section of Companies Act it can be conclude that a person who can be appropriate director must full fill the following requirements qualification share the articles of a company may provide that is certain number of share will have to he held by each director such share are called qualification share within 2 months and appointment of a director he must obtain the required number of share...

Transparent transmission

of share and debenture meaning the share of a company are freely Transferable like movable property it unable in your holder to get back its money invest in the share of a company when required Section 82 of the companies to expressly lies down that the share of the venture or other interest of any member in company shall be movable property Transferable in the manner provided by the article of the company...

producer for the transfer

of share and debenture transfer by a member ordinary share on other interest of a member in company can be transferred by a person who is holder there for and whose name appears in the register of member in large representative of a decide is member thought not a member can also transfer ....

refusal to register transfer

of share under section 22 a of the security's Contract Act 1956 Lays down that a company made refused to register the transfer of any of it share or debenture in the name of the transfer of any more of the following Grounds and no other Grounds namely that it's instrument of transfer is not proper or has not been duly stampered and executed or that the certified relating to the share debenture has not been delivered to the company...

Meaning and definition perfect competition

and Monopoly are the two extreme and are really found in the real world therefore of Harvard University bought about a synthesis of the two theories but theory of monopolistic competition in 1933 competition is more realistic The Other competition of monopoly view the exciting market as the blending of between the elements of competition and monopoly...

features of monopolistic competition

large number of sailors and importance features of monopolistic competition is the existence of a large number of sailors from in the market with each form accounting for a very small share of the total output of the industry has each form has a very limited control over the price of the product each firm is free todependently and to decide its oven price output policy without considering the reaction of river firm...

price output determination

under ballistic competition Season Mall of Holistic competition different from produce different varieties of product prices will be determine on the basis of demand and coast condition firm have to make adjustment in price and output product adjustment and adjustment of selling cost to fulfill their aim of profit maximation and each one else independently and product is differentiated

Introduction

Monopoly is that state of market in which there is only one seller of a commodity and there is no close substitute of the commodity monopolistic has full control over the supply of the commodity Monopoly is the made from to English word mono and poly monomial single and polymers sailor man there is only on sale of a commodity in the market then this is called monopolistic competition of the market....

meaning and definition Monopoly

has been deaf inide in various wise by various economist few important definition under a monopolistic is any seller who is conferred with a felling demand curve for his product and pure Monopoly is that condition of the market in which for is saplify commodity there is no good substitute is available there is only on seller...

price and output determination under Monopoly

before analysing price and and determination in Monopoly it is assume that motive of monopolistic it is to maximize his monopolistic profit is practice monopolist might have some other motives than ironing maximum profit but for convence of analysis ballistic motive is assume to be earning maximum profit

Pricing under perfect competition

the general science market is a particular place or locality in which goods and services are both and Soul however in economic the term market has been spider meaning in economic market maybe define as an arrangement of establishing effective relationship between wire and seller of the commodities so that they can carry out the transaction...

main feature of the market commodity

the commodity is the soul of the market there cannot be a market without commodity theory market must have commodity to be bought and Soul while and sailor are the two essential components of the market without themselves purchase activity cannot be include area the must be and area where buyer and sailor of the commodity must reside market may be local national or even International...

perfect competition

it is a market situation where there are larger number of wire and seller homogenuos product their is one price which is determined by industry prevails in the market all the firm tell the product at the premium price perfect competition prevails when the demand for the output of each producer is perfectly elastic

Production function

that between relationship the physical Input and its physical output of is generally represted to as production function production is a process in which physical inputs are transformed into physical output does the output is a function of output in and this functional relationship between physical Input and physical output of a for is can know a production function is not the word of the production of function is the name given the relationship between its rates of inputs of production service and the rate of output of product...

importance

when inputs are specified in physical unit production function help to estimate the level of production and its indicate the manner in which the firm can substitute on input or another without turning the total output when price is taken into constitution the production function help to select the list of combination of inputs for the decide output...

assumption products and function

is related to a particular period of time and their no change in a technology production function may be fixed proprietortion production function and variable proportion production function is case of fixed proportion production function is factor of production must be used in definite fixed Pro portion in order to produce a given level of output...

Meaning and definition

the term member referred to a person whose name appears on the register of member of the company section 41 of the Indian Companies Act 1956 define as a member the subscribes of a memorandum of a company shawl be demand to have agreed to become member of the company and on its registration shall be and tell it as member in its register of member every other person who agree in written to become a member of a company who was name in entire in its register of member shall be a member of the company...

who can become a member

any person who is competent to contend america member of the company to provide the indian contract act 1872 the gardener person who can contrast would apply the articles means broward accident for some download become member of the company the membership life of the categories of person are discussed minor under India Lo a minor cannot be a member because a contract with a minor absolutely void...

difference between members and shareholder

the term member and shareholder have been used interchangeable the word shareholders used in relation to a company heavy is share capital and their can be no membership expected thought a medium of shareholding

Introduction

a company needs funds to meet its very type of requirement some funds are required for long period for the purpose of purchasing fixed as his and some more are required to carry on day today work the former is required to meet long term needs and is usually called fixed capital the letter is required to me short term needs and its terminal working capital or capital long term capital fixed capital is usually raised by the issue of share...

kinds of share capital

share capital referred to the capital list by a company by the issue share and maybe of two of the preference share capital and equity share capital Defence share capital it means with reference to a company limited by share that part of the capital of the company which carries a professional rights right as to payment of divided during the lifetime of the company and repayment of capital on winding up..

share and types

of share meaning of share the capital of a company is usually divided into certain individual units of a fixed value and each such unit is cannot as share under section 246 of the companies exchange in the share capital of a company include stock expect where this direction between ISRO cancer is expressed or applied

Introduction prospectus it also an important document related to the formation of a company private company can comments its business immediately after its incorporation meaning their by that private company needs not to issue it's prospectus will a public company leads to read the necessary capital before it can comments it's business so a public company raises its capital from public and their for issue a prospectus... definition of prospectus prospectus means I document described or issue as a prospectus and include any notice circular advertisement or other document inviting deposits of the public old inviting of done from the public for the subscription of purchase of any share in or dibenture of a body corporate... when prospectus is not required to be issue when the share and debenture are to be allotted the exciting holder of share and debenture win the share and debenture to be allocated are similar to the current already issue share and the benches that are been trade in recognise stock exchange when the allotment of share and debenture is not promised by law as in the case of private company...
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The meaning of demand demand for a commodity refer to the quantity of a commodity which a consumer is willing to buy a given price in a given period of time according to vanhum the demand for anything at a given price it is amount of it which will about per unit of time at that price similarly bubble wrote Town by demand the various quantities of a given commodities service which consumer would by in one market in a one given period of time... factor affecting demand or determination of demand demand for a good is determined by several factor is factor are economics social as well as critical also price of the comedy it is the most important factor affecting the demand for a commodity the quantity demanded of a commodity at a particular piles is Kano as price demanded the exciting price as well as the expected change in prize both effect the demand for that commodity generally demand for a commodity increase when its price falls in the same way is the price increase the demand will fail... law of demandal of demand Express is the functional relationship between price and quantity demand it is the used on the very common human behaviour generally if the price of a commodity Falls the demand for that commodity goes up the vice versa it means that there in a inverse relationship between price and quantity demand
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Economic problem

like human being economic also faces the problem of unlimited targets and Limited resource with alternative uses every country has to decide about the development approach balanced and balancing it has to give priority to the satisfaction of passing one requirement the allocation of viscous resource in the production of goods and services is called problem of choice...

causes of economic problem

unlimited wants women being an unlimited being once cannot be satisfy at one time in the same manner the ones of society as a whole remain unsatisfied new ones average with changing condition and certain ones are repeated time and again once increase with the is separate of education advertisement and advancement of Civilization..

. economic resources

the choice of better use result in more satisfaction and optimum use of resources get better output in economic economy stand of optimum utilisation of available is called resource to attend the goals individual and society should better choice of use...

problem of allocation

of resource the economic has Limited resource with alternative uses for the satisfaction of unlimited wants economy has to allocation resource on this basis of priority to produce goods and services what allocating resource security has to under Tekken certain decision

Introduction to economic

economic is an important and as useful branch of knowledge the science of Economics has been assuming greater significance day by day in that knowledge of economic is being used in initiating and agree growth in the economic of the world and also for eradicting one poverty and unemployment from the human race there are so many other problem such as inflation reasons population explosion adverse balance of payment and so on which cannot be solved without the adequate knowledge of economic...

 economic as a science

of well at a miss Smith the points of science of Economics define economic as a science of studying the process of production and consumption of wealth the title of with book and enquiry into the nature and causes of the wealth of nation contain full employees on wealth..

. Nature and scope of economic

the nature and scope of Economics is related with the meaning of Economics it refer to the recursion weather economic is the study of wealth or study of human welfare or study of scar means scope of Economics compile Rises of subject matter of Economics nature of economics and limitation of economic...

economic as an art

economic principle are developed through a long process of collection and analysis of information about the relationship between two variable dependent on Independent with the help of these principle various policies are frame determination guide and wages policy...

Article of association

Meaning and definition article of association is the second important document prepared by the promoter and file the register of company along with the other documents of incorporation of a company according to Section 22 of the Companies Act 1956 article means the article of association of companies as originally from are alter from time to time in persons of any previous companies low of these act...

nature and importance of articles

the article of association are demand to supplement the memor random of association of company market make it function the main purpose of article is to regulate the management of the companies internal affair and will accepting the memorandum as the share of incorporation of the company the article define the duties right and power of the growing body as that been theme self and the companies...

forms of article of association

schedule I of the companies as contain the forms of article of association in table ACD and e which may be applicable or in a form as near there to as circumference does admit for different types of companies forms of articles of association are as under table A table B table c

Memorandum of association introduction and important

step in the formation of a company is to prepare a document called the memorandum of association it is document of Beetle importance in relation to the proposed company it is importance line in the fair that the contain the principal condition on which the company is incorporated it also called of the company...\

definition according to Section 2 (28)

of the companies memorandum means the memorandum of association as originally form R as all terried from time to time in persians of any previous companies law this act..

importance of memorandum of association

the fell that a company cannot be incorporated without a memorandum of association and the line is important beside that it corporate importance in underline by the reason it is fundamental document it is a basic and man directory charter without which the companies cannot be in cooperated every company public or private is required by Low to have its memorandum of association...

forms of mamorandom of association

under the provision of the Companies Act 1956 different forms of memo random of association have been prescribed for different types of companies according to sex and 14 of the at the memorandum of association can be the form..

Introduction of company

Bean and artificial person created by law indicates that formation of a companies required to follow certain provision As given in the company loss of promoter of a company have fulfill these requirement of from a company the formation of company is step by step from motion in all the forces promotion of a company and in Chrome of registration of the company...

promotion of a company

Mini promotion is the first stage in the formation of a company before a company is form some person come together and consume the idea of doing business concept of the company is born in the mind these person who are can know as promoter investigate the potential and make a detailed please plan the define field of activity of active company and plan how to get the required capital how the where to produce the plant and equipment...

function of promoter

joint stock company mein bhi form business or two start a new business the main function of a promoter is correction with the formation of a company as follow to currency the idea of forming of a company and to explore its possibilities

Registered companies

a register company is one which is form and registered under the Companies Act 1956 it also include and exciting company which was form and register under the earlier Companies Act it may be noted that a registered company comes into extend when it is registered under the Companies Act find a certified of incorporation in Grand 2 it by the register of companies the registered companies are governed by the provision of the Companies Act 1956 and by the rules and regulation leaf down in memory and articles of association of the companies...

private company

a private is one of the form of companies a private company over the advantage of the company and a partnership according to Section 3 1 of the Companies Act a private company by its article of association district the right of its member of transfer share if it has any limits the number of member to 50 which does not include....

public company

the India Companies Act does not provide is specific definition of a public company section 3 one only say public company means a company which is not private company thought this definite not explainly describe it public company it certainly implies that a public company different private company

Introduction Corporation are Institution

of very accidented however the large partnership from which the modern business company evolved appaired on the English scene during the commercial world lotion a body corporate during the 17 and 18 countries could be brought into special act of parliament..

.. meaning and definition of company

generally speak in the term Company refer to the voluntary association of person form of the common purpose the common purpose Main Be carry on some business for the purpose of business who carry on activity to promote at science chart sports research ITC strictly speaking a company association of person in cooperated of Register under the companies having on antique white separate from its members and form physically to carry on business for the purpose of making profit...

characteristic of a company

separate legal entity is an important characteristic of a company that its has a separate legal entity it means that extense of a company is independent and separate from its member in low company is regarded as an artificial legal person which deal in its our name does a member of a company held level for the fact of a company even if he holds the substantial part of companies are capital

Solution of india company

than the company law has been brought from the concept english company laura concept of company , into use in india as early as in the sister country granny's india company wireless delhi in india by roulette walls are a dick company has multiple you already india the name of the company could get your friend individually and also had the option to subscribe to join fund where divided among the members gradually a permanent subscribed fund fund which was not a Re divided was introduced in the company...

Amendments the companies

desperate the fact that extrudinary abortion was exercise in the investment of the companies Act 1956 it come order under saver creative reading a year of it as a diesel the government of india afforded and and the whole committee in 1957 the determined porsche really wish you lots of sleep jersey david recycled to do district immigration...

objects of the app

to have in the establishment emily window companies on a holiday and honest but too sure that that right and interests of shareholder and creditor are weak organizers basketball management to of Companies to issure that the shake holder have the maximum say in the management of company after

The mobile telephone system

the traditional telephone system even if it summer day gets multi cabbage and to and fibre will still not be able to satisfy a growing group a user people on the go people now expect to make phone calls and to use their phones to check email and serve the web for airplanes cars swimming pool and will jogging in the park consequently there is a transmedia amount of interest is wireless telephone...

mobile phone 1st generation

enough about the politics and marketing aspect of mobile phone now let us look at the technology starting with the earlier system mobile traditional phone where use for tically for my times and military communication during the early decideds of the 20 country...

advanced mobile phone system

all that change with advanced mobile phone system invented by balance and first install in the unity states in 1982 it was also used in England where it was called and is Japan where is was called and CS was formally retained in 2008 in all mobile phone system is Geographic region in divided up to into calls which is why device are sometimes called cell phones

The world wide web

the web as the world wide web is popularly cannot is an Framework for accessing link content separate out of our millions of machine all over the internet in 10 years it want from being a way to co-ordinate the design of high energy Physics experiment in Switzerland to the application that millions of people think of as being the internet it in commerce popularity steam for the faith that it is easy for beginners to use and provide excessive which with the rich graphical interface 2 and economics...

the client side

let us know enzyme and the web browser side in 80 in more detail in essence a browser is a program that can display a web page and catch mouse clicks to item on the displayed page when an item is selected the browser follow the hyperlink and the page selected when the web was first created it was immediately send that having one page one to another web page required mechanism for naming and locating page...

.MLME types

to be able to display the new page the browser has to understand it form to all browser to understand all pages web pages are written in standardise language called as TML it is the leggings France of the web we will discuss in the details letter in the chapter alcohol a browser is basically and interpreter most browser have various button and feature to make it is a to navigate the web