Question
What is the effect of violation of the rule: āAudi
Alteram Partemā on an administrative action?Solution
Explanation: TheĀ rule of Audi Alterem PartemĀ is the right toĀ fair hearing.Ā If there is a violation of the rule then it needs to be justified. It depends on theĀ facts and circumstances of every case. If the rule ofĀ Audi Alterem Partem is violated then the decision becomes void.Ā A certain procedure needs to be followed in the rule. A person must be givenĀ full opportunity to defend himself. Nobody will condemn without being heard. If theĀ rule is violated the order becomes null and void.
Supply of goods packed and transported with insurance. This is a ___
A company purchased machinery for ā¹10,00,000 on 1 April 2021. The machine has a useful life of 5 years, and depreciation is charged using the straight...
Section 64VA(1) of the Insurance Act specifies a criteria related to sufficiency of assets that every insurer and re-insurer should at all times maintai...
What is another name for the Revenue account in insurance company reporting?
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
Find the gross profit based on the following information.
Opening stock ā¹10,000
Credit purchase ā¹50,000
Cash purchase ā¹60,000...
Read the following information to answer the below questions:Ā
Which of the following scenarios correctly reflects the going concern assumption?
Goods can be purchased through GeM without inviting quotations on the basis of a certificate to be recorded by the competent authority up to the value o...
Ā If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
