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Explanation: CPC Section 10. Stay of suit: No Court shall proceed with the trial of any suit in which the matter in issue is also directly and substantially in issue in a previously instituted suit between the same parties, or between parties under whom they or any of them claim litigating under the same title where such suit is pending in the same or any other Court in [India] have jurisdiction to grant the relief claimed, or in any Court beyond the limits of [India] established or continued by [the Central Government.] and having like jurisdiction, or before [the Supreme Court].Explanation.--The pendency of a suit in a foreign Court does not preclude the Courts in 1[India] from trying a suit founded on the same cause of action
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
Which one of the following is not a purpose of "credit monitoring"?
……………….. is the order size that minimizes the sum of ordering and holding costs related to raw material inventories
...ABC Inc’s Income statement shows a sale of Rs 2000, COGS of Rs 800, Pre-Interest Operating Expenses of Rs 600 and Interest expenses of Rs 200. Int...
As per Schedule III, which of the following is not a current liability?
The Investor and Education Fund is established by the Central Government under ______ of the Companies Act, 2013. The Chairman of this fund is __________.
Calculate the valuation of closing stock using simple average method from the following information:
· 100 units purchased for 2...
If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
What is the difference between GVA and GDP?
What does cash flow means in accounting parlance?