Question
Which of the following statements are not true regarding
the issuance of a bank guarantee? 1. All bank guarantees have an expiry period and expiry date. 2. Banks are required to maintain capital against the non-fund-based facilities like Bank Guarantee 3. Banks should comply with Ghosh Committee recommendations while issuance of bank guarantee 4. The banks are not allowed to issue bank guarantee in favor of other banks and financial institutions.Solution
Banks can issue bank guarantees in favor of other banks and financial institutions. Rest of the statements are correct.
Two or more persons are said to consent_______________
When a person through agreement, misrepresentation or negligence makes the other person believe in certain things upon which the other person had taken ...
Appeal shall lie only if case involves a substantial question of law in case of :
Which of the following is not true about Passing off?
Which of the following is an internal aid to interpretation of statutes?
I.             Schedules in Statute
II.      ...
Right to lodge caveat has been provided in which Section of the Code of Civil Procedure, 1908.
In case a lease is made for a certain period mentioning that it is terminable before its expiration, without mentioning at whose option________.
Which of the following is NOT of one of the attributes of our Indian Constitution of 1950?
Section 6 of the Indian Penal Code is based on the Roman maxim:
Under Food Safety and Standards Act , which of the following defences is not allowed in prosecution?