Question
Under Section 2(m) of the Limitation Act, how is "tort"
defined?Solution
Section 2(m) of the Limitation Act, 1963 statutorily defines Tort: “tort” means a civil wrong which is not exclusively the breach of a contract or the breach of a trust. Law of Torts is a common law but definition of tort is provided under the Statute of Limitation Act.
In case the company has issued Bonus shares, which among the following ratios will be affected?
Where will the Bill receivable discounted but not due till date of final accounts, be shown under?
Which of the following financial institution is responsible for the development of housing finance sector in India ?
What is the premium for deposit insurance is paid by the banks to DICGC for every Rs 100?
What is the maximum subsidy for ZED-certified MSMEs under the handholding support? Â
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
Calculate the interest coverage ratio of a company is it reported Net profit after tax of Rs.60,000, falls under 40% Tax rate and has 15% Debentures of ...
The cost incurred for an additional product is known as ________
The implementation of prudential norms on BASEL III capital framework for AIFIs shall be from April 01, 2022 except for ____, for which the implementati...
________ the audit risks ________ the materiality and ________ the audit effort
Relevant for Exams:
