Difference between brokers and underwriters. The main differences between broker and underwriter can be summarised as follows -
A Broker is a person who buys...
There are two classes of Company's securities, first class is described as shares and second as debentures. Share and debenture holders both invest their money into the company and both get returns on their investmentKey differences between shareholders and debenture holders which are as follows -
Section 43 of the Companies Act 2013 provides that the issue of share capital of a company limited by shares will be of two kinds -
Equity Shares ( ordinary shares)
Preference Shares
Equity share capital shall be of two kinds -
The main point of distinction between a Company and a Partnership firm are as follow -
1. A company is a distinct person, but a partnership firm is not distinct from the persons who form it.
2. In a partnership, the property of the firm is the property of the individual members who are collectively entitled to it. In case of a company the property of belongs to the company and not the members.
Sale and Agreement to sell are two different things. the legal incidents of the two are vastly different. the basic different has been given under section 4 (3) of the Sale of Goods Act 1930.
According to Section 4(3) where under contract of sale the property in goods transferred from the seller to buyer the contract is called sale, Transfer of Property in goods take place at future time are subject to some condition there after to be fulfilled the contract is called an agreement to sell.
The term fraud and misrepresentation has been defined in the Indian Contract Act,1872. Section 17 defines fraud and Section 18 defines misrepresentation. If the...
Judgement and Decree
Section 2(2) of the code of civil procedure,1908 defines the term 'decree' in the following words: "Decree means the formal expression of an...