What are the consequences of rescission of voidable contract as per the Contract Act?
Section 64. Consequences of rescission of voidable contract: When a person at whose option a contract is voidable rescinds it, the other party thereto need not perform any promise therein contained in which he is promisor. The party rescinding avoidable contract shall, if he have received any benefit thereunder from another party to such contract, restore such benefit, so far as may be, to the person from whom it was received.
What is the role of the Insurance Regulatory and Development Authority of India (IRDAI) in the insurance sector?
The headquarters of BIS is in
India ranks ___ among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce that evaluates the protection ...
National Housing Bank (NHB) and Indian Railway Finance Corporation (IRFC) have raised funds worth a total of ₹4,500 crore through sales of three-year ...
How does the purchase of a new machinery to expand production capacity affect the working capital of a company ABC Limited?
Under the SARFAESI Act a who can enforce the security interest created in his favour without the intervention of the Court or Tribunal?
Which of the following is an example of a risk avoidance technique?
Which among the following is NOT a constituent of Tier-II capital of banks according to BASEL Accord?
Which statement is prepared in the process of funds flow analysis?
Significant initiatives have been introduced under Aatmanirbhar Bharat and Make in India programmes to enhance India’s manufacturing capabilities and...
