Question
The doctrine of res-judicata is incorporated under which
section of CPC?Solution
As per CPC S.11. Res judicata.—No Court shall try any suit or issue in which the matter directly and substantially in issue has been directly and substantially in issue in a former suit between the same parties, or between parties under whom they or any of them claim, litigating under the same title, in a Court competent to try such subsequent suit or the suit in which such issue has been subsequently raised, and has been heard and finally decided by such Court.
An insurer faces a probable liability of ₹25 lakh from a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be ...
The fundamental accounting equation, Assets = Liabilities + Equity, can be alternatively expressed as:
Which of the following categories of inventory are generally reported by companies in their financial statements?
Which of the following is the correct full form of REIT?
After providing for ___________, Declaration of Dividends for the current year is made.
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
Under Ind AS 2, when net realisable value (NRV) of inventory falls below cost, accounting treatment is:
Which of the following is not an accounting equation?
As per revised RBI guidelines, what is the maximum annual household income for borrowers eligible under microfinance loans?
Which act primarily governs the field of general insurance in India?
