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Start learning 50% faster. Sign in nowSection 40 of Arbitration and Conciliation Act - Arbitration agreement not to be discharged by death of party thereto—(1) An arbitration agreement shall not be discharged by the death of any party thereto either as respects the deceased or as respects any other party, but shall in such event been forceable by or against the legal representative of the deceased. (2) The mandate of an arbitrator shall not be terminated by the death of any party by whom he was appointed. (3) Nothing in this section shall affect the operation of any law by virtue of which any right of action is extinguished by the death of a person.
A and B started a business by investing Rs. 12,000 and Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to recei...
Rs. X is invested in a scheme offering 250/4% p.a. for 2 years. The total amount received is Rs. 40,495. If Rs. (X + 3,000) is invested in another schem...
P started a business with an investment of Rs.10000, after 6 months Q joined him with Rs.12000 and after another 6 months R joined them with Rs.15000. I...
T, R and S entered into a business together for 2 years. T invests twice the amount Funded by R. R invests 2000 more than S. Out of the total profit o...
A and B together start a business with investment of Rs. 1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share ...
A and B together started a business with initial investment in the ratio of 1:13, respectively. The time-period of investment for A and B is in t...
Manoj and Naveen started a business with the investment of Rs. (y-900) and Rs. (y+1300) respectively. After four months of the start of business, the in...
'Kevin' began a business with Rs.14,000. 'Liam' joined after 'c' months with Rs.21,000. Given their profit ratio by year-end was 14:21, find c2
A and B started a business. After 3 years they received Rs 1245 as profit in which A's share is Rs 720, then find the ratio of investment of A and B.
M and N started a business by investing Rs.4500 and Rs.5600 respectively. After 5 months, M and N increased their investments by 40% and Rs.1500 respect...
