WHO CAN BE DECLARED AS AN INSOLVENT?

Any person, man or woman, who has attained majority, can be declared insolvent if the conditions laid down in the insolvency acts are fulfilled. Certain special cases are discussed below:

Minor: 

In India a minor is not personally responsible for his debts and is not capable of entering into contracts. Therefore a minor can’t be adjudicated an insolvent. If by error a minor is adjudicated an insolvent the order must be annulled cancelled.

What is Dividend?

Shareholders are the owners of the joint stock company. Generally the company distributes a portion of its earnings to the shareholders. The parts of earnings which is distributed among the shareholders is called dividend.
Some scholars define dividend as follows-
Dividend refers to that portion of a firm net earnings which is paid out to the shareholders.- By M. Y. Khan and P. K. Jain

Definition of adjusting entry

Definition of adjusting entry

A bookkeeping entry made at the end of an accounting period to assign income and expenses to a different period. These entries are made under the accrual accounting systems in order to correctly reflect the timings of income and expenditure. Some adjusting entries include accounts receivable, accounts payable, depreciation and amortization.

The analysis on grocery shops in Rangpur City

From the analysis on grocery shops in Rangpur city we find some environmental impacts which indicate to

some limitations and this significant limitations impact on grocery shops with the continuation of grocery task. This impacts which drive negatively may be-

1.Economical impacts: 

Economics is the well-related study for any class of people. Although grocery shop is a simple element for influencing economical environment but we have no option to maintain the economical environment without

Sources of risk / Factors creating risk in life insurance

There are many factors that create risk in life insurance. They are:

i. Age:
The less mortality rate is normally 10-35. Age is a considerable factor. It is regarded as the major risk in life insurance. Since the mortality rate of young age people is less so life insurance of those people is risky than the adult people.

Definition of Risk

Definition of Risk:
Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "Risks". Almost any human endeavor carries some risk, but some are much more risky than others

Example of Letter of Transmittal

                                                             LETTER OF TRANSMITTAL
4th September, 2013
To
Md. Sadrul Islam Sarkar
Lecturer
Dept. of Management Studies
Begum  Rokeya University, Rangpur.

Subject: Submission of the assignment paper on Skilled Manpower & MIS: A major force of development in Bangladesh.

Components of Management Information System (MIS)

Components of Management Information System (MIS):

Management information systems are typically computer systems used for managing five primary Components and these are:

• Hardware.
• Software.
• Data (information for decision making).
• Procedures (design development and documentation).
• People (individuals, groups, or organizations).

Definition of Management Information System (MIS)

MIS (management information systems) is a general term for the computer systems in an enterprise that provide information about its business operations. It's also used to refer to the people who manage these systems. Typically, in a large corporation, "MIS" or the "MIS department" refers to a central or centrally-

Different Types of Skill

Every individual has their own skills that they use and use on a regular basis in their daily routines. These skills will be classified into a number of different classes and a few tasks performed may have skills from over one cluster to be dead effectively. However, not all of those skills are going to be relevant to their role as an instructor or a player; really there are four teams that ought to produce the main focus for any analysis:

Cognitive Skills:

usually mentioned as mental or intellectual skills as they involve the thought processes. an honest example

Concept of Skill

Concept of Skill:

A skill is the learned ability to carry out pre-determined results often with the minimum outlay of time, energy, or both. In other words the abilities that one possesses. Skills can often be divided into domain-general and domain-specific skills. For example, in the domain of work, some general skills would include time management, teamwork and leadership, self