COMPONENTS OF A COMPUTER SYSTEM
The basic parts of computer system are: · Input Unit · The Central Processing Unit · Output Unit The Input Unit: Input devices are the dev ices which are used to feed programs…
Conversion from a Private Company to a Close Company
Various difficulties may arise for a buyer when he tries to obtain a mortgage bond for paying the purchase price. According to section 38 of the Companies Act, no company…
Similarities and Difference between Human and Computer
Computer is a very effective and efficient machine which performs several activities in few minutes, which otherwise would have taken several days if performed naturally. Besides there would have been…
CLASSIFICATION OF COMPUTERS
Computers are broadly classified into two categories depending upon the logic used in their design as: Analog computers: In analog computers, data is recognized as a continuous measurement of a…
Duties of Separate Legal Existence
A company, after being incorporated, is considered as a separate person in the eyes of the law and the court of justice. Hence, the company is considered separate from its…
Business Law – The Corporate Veil
It is seen that a company, as a person, has a legal identity of its own. An obvious consequence is that the company in question may become liable for the…
Principle of Separate Legal Existence
The Principle of Separate Legal Existence is a fundamental principle in the field of company law. According to this principle, the company is treated as an entity separate from its…
Classification of Companies
All the companies must be registered under the Companies Act. A certificate of incorporation must be issued by the registrar of the company after registration. Different jurisdictions can form different…
Meaning and Nature of Company
According to the Companies Act, 1956, “A company is a person, artificial, invisible, intangible, and existing only in the contemplation of the law. Being a mere creature of the law,…
Advantages of Computers
Following are certain advantages of computers. High Speed · Computer is a very fast device. · It is capable of performing calculation of very large amount of data. · The computer has units…
