SIZE REDUCTION OF SOLIDS
Introduction In the materials processing industry, size reduction or comminution is usually carried out in order to increase the surface area because, in most reactions involving solid particles, the rate of reactions…
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.…
Surface Renewal Theory
For the mass transfer in liquid phase, Danckwert (1951) modified the Higbie’s penetration theory. He stated that a portion of the mass transfer surface is replaced with a new surface…
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,…
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…
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.…
Penetration theory
Most of the industrial processes of mass transfer is unsteady state process. In such cases, the contact time between phases is too short to achieve a stationary state. This non…
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…
What is a Company?
Organizations require huge investments. As the investments are big, the risks involved are also very high. While undertaking a big business, the two important limitations of partnerships are limited resources…
