As Mr. X is long the option contract. The option will be in the money if the price of an index increases at maturity. The net gain in the transaction will be calculated after deducting the premium paid for the contract. Net gain = price of an index at maturity – strike price – premium paid = 1550 – 1500 – 20 = 30
Non cognizable offence means
Contingent agreements to do or not to do anything, if an impossible event happens, are void ____________
In case of a suit filed on basis of fraud, the period of limitation begins from?
According to Section ______________ of Minimum Wages Act 1948, employer shall pay him overtime worked
What is the time limit to get the information under RTI Act 2005?
As per Negotiable Instrument Act, the term negotiable means
Indian Taxation law is based on which of the following principle?
Which of the following section of Cr. p.C is related with the inherent power of High Court ?
Every agreement of which the object or consideration is unlawful is_____________
Who are not competent to Contract as per the Contract Act?