Monopoly equilibrium: A monopolist is in equilibrium when he produces that amount of output which yields him maximizing total profit price and equilibrium ...

Distinction between monopoly and monopolistic competition: The following are the main difference between monopoly and monopolistic competition: Monopoly ...

Calls-in-Arrears : If any amount has been called by the company either as allotment or call money and a shareholder has not paid the money, such amount not ...

Minimum Subscription: The minimum subscription is that number of shares on which amount received from shareholders is sufficient, from the point of view ...

Over-subscription Shares Applied  : Number of shares applied is more than the shares offered for subscription.Acceptance : All the applications are ...

Gandhi's analysis of the term Swaraj. Gandhi was concerned with distinguishing between the full moral meaning of freedom and the narrow negative meaning of ...

Agency is a personal relationship based on mutual trust and confidence between the principal and the agent. Section 190 provides that an agent cannot lawfully ...

As agent is only a connecting link between his principal and third party. He cannot, as a rule, personally enforce the contract entered into by ...

Reserve Capital Meaning : Reserve Capital is that part of the uncalled capital which can not be called up except in the approved circumstances say for the ...

Over Subscription: When the application money is received for more number of shares then the number of shares offered to the public by a company, it is ...

Benefits Under ESI Act: The Act provides for six types of benefits to which the insured persons, their dependents or certain other persons are entitled. These ...

Definition of a Company : Section 2 (20) of the Companies Act, 2013 defines a company as “a company incorporated under this Act or under any previous company ...