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Actionable claim is a claim against an unsecured debt and not a secured one. This is the peculiar feature of an actionable claim. S.3 Interpretation clause- actionable claim means, a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of moveable property, or to any beneficial interest in movable property not in the possession, either actual or constructive, of the claimant, which the civil courts recognize as affording grounds for relief, whether such debt or beneficial interest be existent, accruing confidential or contingent.
What is the total loan amount eligible for a 75% credit guarantee under the PM Vidyalaxmi scheme?
In which city is the G20 Film Festival being organized?
Which of the following statements about the RBI's monetary penalties on cooperative banks is/are correct?
1. Shikshak Sahakari Bank Limited, Nagp...
What is the target for annual production of Green Hydrogen by 2030?
Which organization recently released a new guideline on protecting children from the harmful impact of food marketing?
Which Indian peacekeepers will be honoured with the U.N.'s Dag Hammarskjold medal for their supreme sacrifice in the line of duty?
Which bank has been given the task of collecting revenue on e-GRAS portal from Assam government that will enable people of Assam to make their tax pay...
Which of the following statements about GenAI patents is incorrect?
1. India ranks fifth with 1,350 GenAI patents from 2014 to 2023.
2. In...
Which of the following statements is/are correct regarding the Commerce Ministry's export targets by FY30?
1. The Ministry targets $100 billion i...