Question
ABC Pvt. Ltd. entered into a contract with Mr. Rao for
supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent and his estate was taken over by the official assignee. ABC Pvt. Ltd. seeks to enforce the contract through court. Which of the following correctly describes the legal status of the contract?Solution
As per Section 56 of the Indian Contract Act, a contract becomes void due to frustration if a party becomes legally incapable of performance, such as insolvency.
Which of the following stages of black rust are found on alternate host?
Who developed the Training and Visit (T and V) system for agricultural extension services ?
The available water retained in soil is between_?
The most effective insecticide to control termite is ______
The early maturing variety of potato is:
International Food Safety standards are developed by
According to the law of demand
Extension education was first time started in which country?
The total outlay on commodity remains constant, even when there is a change in price, this occurs in case of:
Whorled type of antenna is found in: