Distinction
Company Law
Difference between Brokers and Underwriters
Difference between brokers and underwriters. The main differences between broker and underwriter can be summarised as follows -
A Broker is a person who buys...
Company Law
Distinction between shareholders and debenture holders
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 -
Company Law
Points of distinction between preference share and equity share
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 -
Company Law
Distinction between Company and Partnership
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 of Goods Act 1930
Sale and agreement to sell
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.
Indian Contract Act 1872
Distinction between fraud and misrepresentation
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...
Civil Procedure Code 1908
Distinction between Judgement and Decree
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...
Civil Procedure Code 1908
Distinction between a decree and an order.
Decree and Order.
Section 2(2) of The Civil Procedure Code 1908 defines 'Decree' in the following terms-"decree means the formal expression of an adjudication which...