Know what is the role of education in human capital formation?
Introduction Human capital is defined as the evolving skills of an individual. Many human skills can be defined as human capital, such as gaining more knowledge, developing abilities, and much more which are developed via education. As we…
Read more »Does a Cancelled Cheque Require a Signature on it?
Introduction Now in these days, financial transactions become more complicated, which is why there is a need to make them more flexible and easier. In these ways, the canclled cheque plays an important role in verifying bank account…
Read more »Why is a Cancelled Cheque Required for KYC?
Introduction A Cancelled Cheque plays a crucial role in the KYC process in the banking sector. Banking institutions must follow the KYC process to better understand their customers. In order to proceed with this process, it is necessary…
Read more »What is a Nominal Partner in Partnership?
Definition of Nominal Partner The Nominal Partner is an individual who is not a part-owner and not actively involved in the firm’s operations. They are often well-known figures who lend their name to the company for a fee.…
Read more »What is the Reunion of Partition under Hindu Law?
The reunion of partition is a procedure to re-joined a status that the family members made as a partition of family property in previous. In simple words, we can say that the reunion reflects that kind of position…
Read more »What is an active partner in a partnership firm, and how it works?
What Is Active Partner? An active partner in a partnership refers to being involved in the firm’s daily work and operations. An active partner plays a significant role in growing and helping the partnership firm’s business. As active…
Read more »Section 506 IPC – Know the Punishment for Criminal Intimidation
Introduction Criminal Intimidation means an act someone does to an individual to prompt fear, harm, or injury. For example, it intentionally threatens someone and creates fear for him to fulfill any personal motive or needs. The Indian Penal…
Read more »Understand Section 34 of the Indian Penal Code with illustrations
Section 34 of the IPC plays a significant role under the Indian Penal Code. The section can be read with all offenses covered under the IPC. If we talk about the various provisions of the Indian Penal Code,…
Read more »What is Section 34 IPC? Know everything about common intention
Introduction There is a settled principle of criminal law that an offender is liable for a crime that he committed. He may not be liable for a crime that is not committed by him but committed by another…
Read more »Who is a Plaintiff in a Court of Law?
Who is the Plaintiff in a Court of Law? A plaintiff is a party that brings a legal action against that party who causes harm in a court of law. On the other hand, a defendant is the…
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