Question
Is there any limitation period prescribed to bring the
Legal Representatives on record in a case ? If yes, then what it is?Solution
As per Art 120 of the Limitation act, 1963- the period of limitation to have the legal representative of a deceased respondent made a party to an appeal under the Code of Civil Procedure, is 90 days from the date of death of the respondent.
Which ICDS deals with Accounting Policies?
What was a significant factor contributing to the decline in Average Revenue per User (ARPU) in the Indian telecom industry?
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
Head office building is committed to sale; criteria for “held for sale” are met. Will the depreciation still be provided?
How many persons are required to form a One Person Company (OPC) under the Companies Act, 2013?
The Reserve Bank of India has announced plans to shift away from the MIBOR benchmark. Which of the following represents the new benchmark rate proposed ...
Which of the following statement is correct?
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
Interest payable by a non-corporate assessed for deferment of advance tax is
In the context of wire transfers, who is defined as the “Beneficiary” according to RBI’s KYC guidelines?