Introduction: In India, the notion of a non-profit organization is extremely old. It was formerly governed under Section 25 of the Companies Act of 1956, which is why it was known as a Section 25 Company. Non-profit making companies are covered by Section 8 of the Companies Act 2013, as Read more…
Introduction: Drug abuse has become a global concern. Illicit drugs have negative effects on health, society, and the economy such as medical and physical illnesses; accidents; family breakdown; vice crime; gangland; and economic: funds spent on expanding services; drain on national resources; and loss of productivity etc. This issue is complex and Read more…
Introduction: A company may choose to issue securities in order to meet its funding requirements. The issue is that the firm does not have enough funds to run its operations and day-to-day activities. For firms in the financial sector, establishing a debt-equity ratio is also critical in attracting financing. A Read more…
Introduction: The executive management of a company is responsible for the day-to-day management of a company. The companies Act, 2013 has used the term key management personnel to define executive management. The top management employees are the company’s initial point of contact with its stakeholders. While the Board of Directors Read more…
Introduction: Intellectual property is a cognitive production that comprises innovations, literary and creative works, names, pictures, and symbols utilised in business. Patents, copyright, and trademarks safeguard intellectual property, allowing people to profit from their inventions and gain notoriety. As previously noted, a patent is one such method for protecting intellectual Read more…
Introduction: The term ‘capital’ has a variety of connotations. To an economist, it will mean one thing, to an accountant, and to a businessman or lawyer, it will mean something else. The amount invested in a firm is referred to as capital in accounting. It can refer to a variety Read more…
Introduction: A director holds a crucial part of the company and must always act in the company’s best interests. He should not take advantage of his position as the company’s “director.” He should not benefit in any way that isn’t open to the public. Certain tasks have been assigned to Read more…
Introduction: Sales can be made in various ways namely, description, sample or combination of sample and description, tenders. Just like the above-stated ways, an auction is also one of the ways in which a sale can be made. Auction has become a very common word after IPL has come into Read more…