Question
For compensation for wrongful seizure of movable under
legal process, the period of limitation as per provisions of Limitation Act 1963, to file suit is:Solution
Limitation Act: The Schedule: Part VII—Suits Relating to Tort: Article 80: For compensation for wrongful seizure of movable property under legal process one year is the period of limitation from the date of the seizure.
State which of the following statements is true?
The PM-PRANAM scheme was introduced to promote the use of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers....
Before starting a new financial year, the management of a manufacturing firm forecasts demand, estimates resource requirements, sets sales targets, and ...
The Ministry of Agriculture and Farmers’ Welfare, along with NABARD, recently launched a web portal to streamline and expedite the process of settling...
A consumer goods company is analysing the external environment before entering a new country. It studies changing population demographics, consumer life...
What is the maximum limit for loans/advances to individuals from banking systems against the security of shares, specifically for subscribing to IPOs?
Mr. Bhandari purchased a car for 50,000, making a down payment of 10,000 and signing a *40,000 bill payable due in 60 days. As a result of this transact...
Mentoring is a relationship between two people with the goal of professional and personal development. The person with whom the knowledge, experience, a...
Calculate the asset turnover from the above information.
S Ltd. took a loan from the bank for 10,00,000 to be settled within 5 years in 10 equal half yearly instalments with interest. The first instalment is d...