S.110 of evidence Act support the statement that :
Section 110 IEA provides that when the question is whether any person is owner of anything of which he is shown to be in possession, the burden of proving that he is not the owner is on the person who affirms that he is not the owner. There is a presumption of law that whoever is in the possession of the property is the owner for the property and BOP is on the other party to prove the contrary.
_______ has signed an MoU with Society of Indian Aerospace Technologies and Industries to facilitate mutual cooperation for the overall benefit of MSMEs...
Observing changes in the financial variables across the years is:
What is the appropriate accounting treatment for general donations and legacies received by a non-profit organization in India?
Consider the following statements.
1) The IFSCA Act empowers the IFSCA to make regulations for the development of financial services...
1. Given the following, what is the amount of Capital?
Assets: Premises 20,000; Inventory 8,500; Cash 100.
Liabilities: Trade Pa...
Which of the following International financial organizations recently pledges $25 billion for the next five years to fund India's infrastructure creation?
In the financial statements, contingent liability is ________
_______ and Export-Import Bank of India (India Exim Bank), have entered into an agreement under the Trade Assistance Programme (TAP), to support cross...
What does the ratio obtained by dividing a company's net income by its number of shares outstanding signify ?
India International Bank of Malaysia (IIBM), based in Kuala Lumpur, has opened a special Rupee Vostro account to settle trades in Indian Rupee through w...