Question
With reference to the Transfer of Property Act, 1882 in
the Supreme Court judgment in Seth Maneklal Mansukhbahi vs. Hormusji Jamshedji Ginwala -AIR 1950 SCI is related to ________.Solution
Sheth Maneklal Mansukh Bhai v. Messrs. Hormusji Jamshedji 1950 In this case, the court elaborated on Section 53A of the Transfer of Property Act 1882 and said this provision states that any written agreement should be there i.e. a signed contract by both the parties and some part should be done in accordance to the part performance. Â
For Goods Transport Organisation, which of the cost will be regarded as Fixed or Standing Charges?
Which of the following is a key principle of the "Canon of financial propriety"?
A agrees to sell his horse to B if it wins the race tomorrow. The horse dies during the race. What is the nature of the contract?
Drawings made by an owner belongs to:
If a company has a foreign branch, how are its financial statements translated as per AS 11?
Assuming that the discount rate is 7% per annum, how much would one pay to receive ₹500, growing at 5%, annually, forever?Â
A provision for onerous contract is:
An entity sells a factory building held for 20 years. The legal title transfer occurs on 30 September; economic control passed and risks transferred on ...
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
What is the maximum limit of gratuity payable, under the Payment of Gratuity Act, 1972?