PROGRAM DEVELOPMENT PROCESS
While writing a computer program, it is absolutely necessary to write .each and every instruction in the correct sequence. The logical control of element within the computer program is the…
Powers of Directors
The powers of the directors are normally written in the articles of association of the company. The shareholders cannot meddle with the affairs undertaken by the board of directors till…
Business Law – Directors
Directors, as the word suggests, are a special group of people who direct the company. The directors give certain direction to all the other members of the company to achieve…
Buy-back of Shares
Buy-back of shares refers to the buying of sold shares. In case of buy-back, the company buys the shares back from the shareholders. Objectives of Buy-back A company may buy…
PROGRAMMING LANGUAGES
A programming language is a means of communication for the user to communicate with the computer system. The programming language is a set of instructions which tells the computer what…
Transfer & Transmission of Shares
Transfer of shares is a voluntary act. It is the phenomenon of transferring the ownership of one shareholder to another person. Free Transferability of Securities of Public Companies ● The shares…
Equity Shares
As per section 85(2) of the Companies Act, 1956, equity shares are defined as the shares, which do not have the following preferential rights − ● Preference of dividend over others.…
Types of Preference Shares
The important types of preference shares are as follows − Cumulative Preference Shares If dividend is not paid at the end of any year due to loss or inadequate profit,…
CLASSIFICATION OF SOFTWARES
Software means a set of programs, procedures and other associated documentation which describes what the program does and how it is to be used. Hardware and software both have to…
Business Law – Shares
Through the course of time, Business Law has evolved in the field of the division and flexibility in transferability of the ownership of a company. Each shareholder is considered an…
