Question
When a Hindu inherits the property from his father under
Section 8 of the Hindu Succession Act 1956, he takes it as :Solution
In Lal Chand through LRS v. state of Haryana 2018, the court mentioned that if the property devolved upon the heirs in accordance with Section 8 of Hindu Succession Act, the property in the hands of recipients is not an ancestral property rather it is his individual property. Similarly, in Judgment of Yudhishthir v. Ashok Kumar, 1987, it is held that property devolved on Hindu under Section - 8 would not be HUF in his hands vis-a-vis his own sons.
What does the term "capital structure" refer to in the context of corporate finance?
Under the IFSCA Act the Central Government may remove from office a Member, who______________
Which of the following describes an arrangement where one party grants another party the right to use trade name?
Which core management function encompasses the following interrelated processes: defining organizational goals, establishing a roadmap for resource allo...
Shannon-Weaver’s original model of communication consist of _________ components.
In which city is the Advertising Standards Council of India (ASCI) headquartered?
Ensuring hassle-free credit availability at a cheaper rate to farmers has been the top priority of the Government of India. Accordingly, the Kisan Credi...
International Financial Services Centre is established under Section ………. of Special Economic Zones Act, 2005
Which section of NI Act provides protection to collecting Banker?
_________ is a formal communication whereby employees engage in crosswire communication across the boundaries of their reporting relationship irrespecti...
