Question
Who will indemnify the beneficial owner in case of
negligence caused by the depository or participant?Solution
Section 16 of Depositories Act Depositories to indemnify loss in certain cases—(1) Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant.
Conclusions:
I. No Consumption is a Usage.
II. Some Consumers are not Consumptions.
Statements:
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements:
Some reds are blues.
Some blues are greens.
Conclusions:
I. Some reds are greens.
II. Some blues are reds.
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
Statements:
Only a few Haridwar is Dehradun.
No Dehradun is Nainital.
Only a few Nainital is Mumbai.
All Mumbai is Jaipur....
Statements:
Only a few Car are Bike.
Some Bike is not Cycle.
All Scooty is Cycle.
Conclusions:
Some Car can be Cy...
Statement:
Some cables are wires.
All wires are plugs.
Conclusion:
Some cables are plugs.
All wires are plugs.
Statements:
All Planets are Satellites.
Only few Satellites are Comets.
Only few Comets are Constellation.
No Constellation ...
Statements:
Only a few necklaces are chains.
No chain is a bracelet.
All bracelets are bangles.
Conclusions:
I. No ba...
