Meaning of Liquidation Liquidation or winding up is a legal term and refers to the procedure through which the affairs of a company are wound up by law. Winding up of a company has been defined in the companies Act‚ 1956 as “the process whereby its life is ended and its property is administered for the benefit of its creditors and its members. An Administrator called Liquidator‚ is appointed and he takes control of the company‚ collects its assets pays its debts and finally distributes any surplus
Premium Liquidation Bankruptcy
Parliamentary Procedure: is the body of rules‚ ethics and customs governing meetings and other operations of clubs‚ organizations‚ legislative bodies and other deliberative assemblies. It is part of the common law originating primarily in the practices of the House of Commons of the Parliament of the United Kingdom. At the heart of Parliamentary Procedure is the rule of the majority with respect for the minority. Its objective is to allow deliberation upon questions of interest to the organization
Premium Parliamentary procedure Decision making Decision theory
EXPORT PROCEDURE 1. An exporter receives an enquiry from the prospective buyers seeking information regarding price‚ quality & other terms conditions for export of goods. The exporter sends a quotation known as proforma invoice as reply. 2. If the buyer is satisfied with the export price & other terms & conditions‚ he places the order or indent for the goods. 3. After receiving the order or indent‚ the exporter undertakes an enquiry regarding the credit worthiness of importer to assess the
Premium International trade Export Commercial item transport and distribution
CIVIL PROCEDURE Rules 1 – 71 I. GENERAL PRINCIPLES Concept of Remedial Law Remedial Law is that branch of law which prescribes the method of enforcing rights or obtaining redress for their invasion Substantive Law as Distinguished from Remedial Law Substantive law creates‚ defines and regulates rights and duties regarding life‚ liberty or property which when violated gives rise to a cause of action (Bustos v. Lucero‚ 81 Phil. 640). Remedial law prescribes the methods of enforcing
Premium Jurisdiction Court Appeal
CHAPTER 3 DESIGN AND PROCEDURE Research Design The study entitled “The level of Knowledge of Cigarette Smoker tricycle drivers of STOD (Pembo-Blueboz route) on sintax law and its relation to their Attitude towards Smoking” will use a quantitative approach. In which‚ according to Hammersley (1992)‚ quantitative approach is taken when people are trying to analyze information‚ collect survey data and perform analyses and many other functions and since the researchers will use survey questionnaires
Premium Quantitative research Sampling Research
THE GENERAL PROCEDURE There are several variations in problem analysis. But the general approach is the following: Step One: Determine the appropriate product or activity category for exploration. This has already been done if the product innovation charter has a use‚ user‚ or product category dimension in the focus statement. Step Two: Identify a group of heavy product users or activity participants within that category. Heavy users are apt to have a better understanding of the problems‚ and
Premium Problem solving Creativity Design
controversial topics that coincide with teenage pregnancies such as abortion. Teenagers impregnated by accidental or forceful means often turn to the procedure as a safety route out of their current situations. Now that the topic of abortion has made its arguable reappearance into almost all aspects of human development‚ including
Premium Abortion Pregnancy Teenage pregnancy
GRIEVANCE PROCEDURES ARE FORMAL COMMUNICATION CHANELS DESIGNED TO SETTLE GREEVANCE AS SOON AS A PROBLEM ARISES. Grievances are unavoidable in most work places due to dissatisfaction of employees at different levels raising concerns regarding various aspects of their organizational life and handling these grievances enables staff and the organization gain peace. A grievance is defined as a wrong or hardship suffered‚ which is the grounds of a complaint. • grudge: a resentment strong enough to
Premium Employment Management Law
Criminal Procedure Policy “The Constitution of the United States was ordained; it is true‚ by descendants of Englishmen‚ who inherited the traditions of English law and history; but it was made for an undefined and expanding future‚ and for a people gathered and to be gathered from many nations and of many tongues” (Zalman‚ 2008 PG 1). —Justice Stanley Matthews “Criminal procedure deals with the set rules governing the series of proceedings through which‚ the government enforces substantive criminal
Free United States Constitution United States Bill of Rights Fourteenth Amendment to the United States Constitution
SHETTY COLLEGE THE COLLEGE OF SCIENCE‚COMMERCE AND MANAGEMENT STUDIES. NAME OF THE PROJECT IN : PEP WHICH STUDENT HAD EN- ROLLED TITLE OF THE PROJECT : BANKING PROCEDURE. DACEE‚ UNIVERSITY OF REPORT SUBMITTED TO MUMBAI. SIGNATURE OF THE STUDENT SIGNATURE OF THE TEACHER SIGNATURE OF THE FIELD CO -ORDINATOR SIGNATURE OF PRINCIPAL WITH
Premium Positive psychology Gratitude Bank