Definitions used in Articles
“Act of incorporation” refers to an act for the incorporation of International Air Transport Association. ● “Air service” refers to public transport of passengers, drafts or cargos via aircraft. ● “Airline” refers…
Meaning of Association
Purpose of an Article The article of association contains the following details − ● The voting powers of officers, directors and shareholders. ● The form of business that the company carries out.…
Business Law – Articles of Association
Articles of Association is a document, which is mandatory for every company to prepare. It contains the following details − ● The powers and privileges enjoyed by the directors, shareholders and…
DESIGN OF COMBINATIONAL CIRCUIT
Design of a combinational circuit starts from the outline of the problem and ends in a logic circuit diagram. 1. State the given problems completely and exactly. 2. Interpret the…
Contents of the Memorandum of Association
The contents of the Memorandum of Association are detailed out below. Purpose of Memorandum ● Shareholders must know the field of business in which their money is going to be used…
Clauses of Memorandums
The memorandum of association contains the following clauses − The Name Clause ● A company (being a separate legal entity) must have a name. ● The name of a company should be…
Meaning of Memorandum of Association
The Memorandum of Association is considered as the constitution of a company. It provides the foundation to the structure or the building of the company. The memorandum of association is…
LOGIC CIRCUITS
Logic gates described in the previous section are seldom used alone but are used in combinations. They are interconnected to form gating/logic networks known as combinational logic circuits. Boolean algebra…
Memorandum of Association Concepts
The memorandum of association of a company is a document that governs the relationship of a company with the outside world. It is one of the most important documents needed…
Private Company and Public Company
● The director of a private company may not be specifically qualified. A private company may have only one director who can also be the only shareholder. ● A public company must…
