Commercial bank explained

Commercial Bank : Primary, Secondary and Modern Functions of Commercial Bank 1) Commercial Bank –        A bank is an institution, usually incorporated, whose business is to receive money on deposit, cash, cheques or drafts, discount commercial paper, make loans and issue promissory notes payable to bearer known as banknotes.       A commercial bank…

Difference between Shares and Stock | Company Law Shares Shares are defined as the units into which the total share capital of a firm is divided or split. It is a fractional portion of an organisation’s share capital, and it also comprises the ground for the ownership interest within the company. The individuals or groups…

CS Executive new syllabus

The Institute of Company Secretaries of India offers Company Secretary course, which is considered as one of the leading management professional qualification. There are three stages for this elite course CS Executive Entrance Test -CSEET CS Executive CS Professional Details about CSEET is already explained via different articles earlier in this site. So we will…

Pre Pack Insolvency Resolution Process – PPIRP under IBC code, 2016

Micro, small, and medium enterprises (MSMEs) are critical for India’s economy.  They contribute significantly to gross domestic product and provide employment to a  sizeable population. The COVID- 19 pandemic has impacted their business operations  and exposed many of them to financial stress. Resolution of their stress requires  different treatment, due to the unique nature of…