Question
If a partner earns any personal profits from the
business of the firm:Solution
As per s.16 of the Indian Partnership Act, 1932- Section16 PERSONAL PROFITS EARNED BY PARTNERS. Subject to the contract between the partners, - (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm-name, he shall account for that profit and pay it to the firm;
The Conciliator shall _______ the parties in an independent and impartial manner in their attempt to reach an amicable settlement of their dispute.
As per the provisions of the IRDA Act with respect to the tenure of office of the chairperson and other persons, no person shall hold office as a Chairp...
The question is whether A committed a crime at Mumbai on a certain day. The fact that on that day, A was at Trivandrum is relevant
The Insurance Act, came into force on______________
Who shall assist the secured creditor in taking possession of secured asset?
According to Section 39 of the Code on Wages, 2019 , what is the maximum period within which an employer must credit bonus to an employee's bank accoun...
A man said to commit “rape” if he:
As per Art. 24 of the Indian Constitution, no child of ________ years of age shall be working in any hazardous employment in a factory?
The case of Afcons Infrastructure Ltd. vs Cherian Varkey Construction Co. discusses/ explains-
What is the general principle regarding the application of the property of the firm as per the provided information?
