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Business Law 2 min read

Equity Shares

As per section 85(2) of the Companies Act, 1956, equity shares are defined as the shares, which do not have…

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Mass Transfer 2 min read

Surface Renewal Theory

For the mass transfer in liquid phase, Danckwert (1951) modified the Higbie’s penetration theory. He stated that a portion of…

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Business Law 2 min read

Definitions used in Articles

“Act of incorporation” refers to an act for the incorporation of International Air Transport Association. ●      “Air service” refers to public…

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Business Law 3 min read

Meaning of Association

Purpose of an Article      The article of association contains the following details − ●      The voting powers of officers, directors and…

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Mass Transfer 1 min read

Penetration theory

Most of the industrial processes of mass transfer is unsteady state process. In such cases, the contact time between phases…

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Business Law 2 min read

What is a Company?

Organizations require huge investments. As the investments are big, the risks involved are also very high. While undertaking a big…

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