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…
Business Law 2 min read
Types of Preference Shares
The important types of preference shares are as follows − Cumulative Preference Shares If dividend is not paid at the…
Business Law 3 min read
Business Law – Shares
Through the course of time, Business Law has evolved in the field of the division and flexibility in transferability of…
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…
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…
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…
Business Law 3 min read
Business Law – Articles of Association
Articles of Association is a document, which is mandatory for every company to prepare. It contains the following details −…
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…
advanced_concepts 2 min read
Centrifugal separators
The use of cyclone separators for the removal of suspended dust particles from gases is discussed in Section 1.6. By…
