Question
Transfer of property takes place
_______?ÂSolution
The transfer of property takes place by an act of parties, which means it occurs through an act by which a living person conveys property, either presently or in the future, to one or more other living persons or to himself and others. According to Section 5 of the Transfer of Property Act, 1882, the transfer must be between living persons or juristic entities (including companies and associations). Transfer by operation of law is different and not covered under this definition. Also, the transfer is not limited only between living persons excluding corporations; juristic persons like companies can also be parties.
What is the main function of Central Depository Services (India) Ltd (CDSL)?
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
If Current Assets are 50,000 and Creditors is 7,000 and the Bank overdraft is 5,000, what will be figure of the Working Capital?
‘Goods in transit’ sent from Head Office are shown in the balance sheet at –Â
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The underlying asset of a derivative contract can be -
At Your Wits’ End