Question
If before expiry of period of limitation, an
acknowledgement in writing is made about liability of debt and promised to pay. What will be the effect of such acknowledgement?Solution
Section 18 of Limitation Act: Effect of acknowledgment in writing—(1) Where, before the expiration of the prescribed period for a suit of application in respect of any property or right, an acknowledgment of liability in respect of such property or right has been made in writing signed by the party against whom such property or right is claimed, or by any person through whom he derives his title or liability, a fresh period of limitation shall be computed from the time when the acknowledgment was so signed
What does a "Government company" mean as per the Companies Act?
Where there is no express provision in Contract Act, the following prevails and applied for deciding the cases
As per Section 7 verbatim, the Central Government may, in consultation with the Commission, make rules with respect to:
Which of the following best describes defamation?
Who is responsible for reviewing compliance with the regulations and verifying the effectiveness of internal control systems, as per Reg 5H of SEBI (Pr...
Which section of the Companies Act lays down provisions relating to document containing offer of securities for sale to be deemed prospectus?
Who has the power to remove difficulties under SEBI Act?
A Magistrate receives a bail application from an accused arrested for a non-bailable offence. Under which section of the Bharatiya Nagarik Suraksha Sanh...
Who is the Chairman of the State Legal Services Authority?Â
Ut Res Magis Valeat Quam Pereat is also known as
